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Denmark’s Maersk Tankers has launched its first-ever pool in the long range 1 (LR1) tanker segment, with Sanmar Shipping joining as its first member.
Maersk Tankers’ new LR1 pool offers pool management to owners of tankers ranging from 55,000-80,000 dwt and builds on the company’s experience in the commercial management of tankers of all sizes, from 10,000 dwt to LR2 vessels.
The Danish firm has cooperated with Sanmar Shipping for many years, most recently in the LR2 segment. In November 2022, the Chennai-based firm, which operates a fleet of ten ships, comprising eight tankers and two LPG carriers, re-joined Maersk Tankers’ LR2 pool with the 2004-built Sanmar Sangeet.
“We have had the honour of working with Sanmar Shipping for many years and are proud that we now get to venture into a new segment together,” said Jesper Bo Hansen, global head of partnerships and pool management at Maersk Tankers.
Now, Sanmar Shipping has entrusted Maersk Tankers with the management of a recently bought LR1 tanker.
“The demand for LR1 trade remains strong, while the average age of the fleet is continuously increasing. Building on our large customer network and presence, particularly in the East, we believe we can offer a valuable service in this segment. While initially starting with one partner, we are aiming to forge more partnerships in the segment,” Hansen added.
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