BUSINESS

Gemini Tankers' Growing Pool

02/10/2012

Gemini Tankers has welcomed another partner, joining Teekay Corporation and König & Cie. Diamond S Shipping Group will be adding eight vessels to the Suezmax pool through the end of 2012; and the pool will grow to 26 vessels in that time.

"We are delighted that Diamond S Shipping has joined the Gemini Suezmax tanker pool. The addition of their eight, high quality newbuild tankers delivering over the course of 2012 further modernizes our fleet and solidifies our position as the premier Suezmax tanker pool," commented Håkan Svedin, Gemini's Managing Director.

"We have a great team in place providing a transparent, reliable and flexible management service to our customers, with whom we have long-term relationships. To them we can offer a fantastic modern Suezmax fleet operating across the globe, with a focus on the Atlantic spot markets." Mr. Svedin added.

"We have strong, reliable pool owners who are with us for the long-term," continued Mr. Svedin. "However, we will also consider taking further owners and tonnage into the Pool over time. The future for Gemini Tankers is exciting and the team will continue providing the best service in the market to our pool partners and customers."

For more details about the Gemini pool growth, click here.

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