Tankers International boosts pool fleet with TRF VLCC

UK-based VLCC pool operator Tankers International has bolstered its specialist scrubber pool with the addition of Transportation Recovery Fund’s 2018-built
TRF Horten.

The 297,600 dwt ship was delivered to Tankers International earlier this month, lifting the company’s total fleet to 65 VLCCs.

“The addition of the TRF Horten further improves our pool’s unrivalled strength and depth, delivering clear benefits for TRF and our other pool partners,” said Charlie Grey, CEO of Tankers International. “It also represents an exciting opportunity for us to develop a closer relationship with TRF, which offers value to the pool with its knowledge, experience, and expertise.

Michael Aasland, CEO of TRF Ship Management, added: “We look forward to improved cash flow and revenue as part of a mutually beneficial partnership that sees strong financial returns in the near and long-term.”

Tankers International’s sub-pool of modern scrubber-fitted ships has grown to 36 from 19 at the start of 2022 with an average age of seven years versus the industry average of nearly 11 years.