Petro Tank Farm and Logistics is an integrated owner, operator, and manager able to provide complete shipping services in addition to the carriage of crude oil on its fleet of modern large tankers. The crude oil seaborne transportation market is cyclical and highly volatile requiring flexible and proactive management of assets in terms of fleet composition and employment.

Petro Tank Farm and Logistics increases exposure to the market through opportunistically entering the market by chartering vessels from other owners and tonnage providers whilst maintaining a core fleet of high-quality owned or controlled tonnage. The Petroleum Tank Farm Logistics core fleet has an average age of just over 16 years.

Petro Tank Farm and Logistics operates its fleet both on the spot market and on the period tanker market. Most of its VLCCs and 1 V-Plus are operated in Tankers International (“the TI Pool”). Petroleum Tank Farm Logistics  fleet is partly fixed on a long-term charter.

Key Benefits:
Volume consolidation provides access to competitively-priced bunker fuels
Strong market presence and reputation
Access to top tier supply base
Established credit lines with major and independent suppliers
Daily market reporting
Vessel performance reporting and benchmarking
Immediate support, including claims and dispute resolutions and assistance
Fuel Services. Well-priced bunkers, full-service procurement, and optimized earnings.