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TANKER SHIPPING REVIEW March2008

TANKER SHIPPING REVIEW March2008

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Published by Capt.Seithu Htun

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Published by: Capt.Seithu Htun on Sep 15, 2008
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Tankershipping
March 2008
A
TANKER 
Operator 
publication
TTop 30 Top 30 Tanker Companiesanker Companies
Stealth MaritimeStealth Maritime
InsuranceInsurance
CharteringChartering
ServicesServices
Tankershipping
reviewreview
 
·EMS New Building & Projects
provides plan approval,design approval, new building supervision and commis-sioning services.
·EMS Ship Management
provides technical andcommercial management services.
·EMS Crew Management
provides crew managementand training services.·
EMS Shipping Agencies
provide agency, grab leasingand stevedoring services.

12 different countries. Our team of more than 250 peopleashore and a dedicated pool of more than 6000 seafarerswork towards maximizingyour earning potential by takingcare ofyour assets as our own.At EMS Ship Management we believe in ship managementwith a ship owner’s approach and through dedication andinnovationwewill make a difference.Please logon to:www.ems-shipmanagement.com for further information
“Ship Management with a ship owner’s approach” 
EMS Ship Management
Eitzen Maritime Services ASAwww.ems-asa.com
t EMS Ship Management
- we provide complete lifecycle services for your ships...
 
TankerShippingReview 2008
TANKER 
Operator’s
Top 30 tankercompaniesFeatures
PUBLISHER/EVENTS/SUBSCRIPTIONS
Karl JefferyTel: +44 (0)20 7510 4935 jeffery@thedigitalship.com
EDITOR
Ian CochranTel: +44 (0)20 7510 4933cochran@tankeroperator.com
ADVERTISING SALES
David JeffriesOnly Media LtdTel: +44 (0)20 8674 9444djeffries@onlymedia.co.uk 
PRODUCTION
Vivian CheeTel: +44 (0)20 8995 5540chee@btconnect.com
2
Comment
5
Introduction
6
Teekay Corporation
7
Frontline
8
MOLTankship Management,Overseas Shipholding Group(OSG), Euronav
9
Tanker Pacific Management(Singapore), Kristen Navigation,Nippon YusenKaisha (NYK)
10
MISC Berhad (MISC), TsakosGroup, Vela InternationalMarine
11
 National Iranian Tanker Co(NITC)
12
Hyundai Merchant Marine(HMM), BWShippingManagers, Dynacom TankersManagement
13
Maersk Tankers
14
BPShipping, Sovcomflot, Novorossiysk Shipping(Novoship)
15
 National Shipping Corp of Saudi Arabia (NSCSA),Shipping Corporation of India(SCI)
16
Thenamaris, TORM , ChevronShipping, COSCO Group,Kuwait Oil Tanker Co (KOTC)
17
Titan Ocean, China ShippingDevelopment Tanker, SK Shipping, Minerva Marine
18
Profile: Stealth Maritime
Stealth Maritime and StealthGashas recently invested in tanker tonnage to add to the VafiasGroup's portfolio of shippinginterests.
20
Insurance
Just before the P&I renewalseason came to an end for another year, leading insurance broker Aon looked at the state of  play in all sectors of theinsurance market.
23
Chartering
Broström Tankers was one of the first users of what wouldeventually become Veson Nautical's fully-fledgedIntegrated Marine OperationsSystem (IMOS).
23
Profile
:
Wilhelmsen MaritimeServices
Several companies have losttheir identities as a result of consolidation into WilhelmsenMaritime Services (WMS).
Contents
No part of this publication may be reproduced or stored in any form by any mechanical,electronic, photocopying, recording or other means without the prior written consent of thepublisher.Whilst the information and articles in Tanker Shipping Review are published in good faith andevery effort is made to check accuracy, readersshould verify facts and statements direct withofficial sources before acting on them as thepublisher can accept no responsibility in thisrespect. Any opinions expressed in thismagazine should not be construed as those of the publisher.
TANKER 
Operator 
SUBSCRIPTION
:
6 months (4 issues) $142 /Eur110 /£751 year (8 issues) $237/Eur185 /£1252 years (16 issues) $398/Eur310 /£210
Subscription hotline:Tel: +44 (0)20 7510 4935Fax: +44 (0)20 7510 2344Email:jeffery@thedigitalship.com
A
TankerOperator 
supplement
www.tankeroperator.com
CONTENTS
Tanker Shipping Review March 2008 page 1
Printed by FISCHER Poligrafiaul. Dabrówki 1040-081 KatowicePoland
Front cover:
 Product tankers have and will continue toboost tanker owners and operators' fleets, TORM being a classic example. Seen at Copenhagen is the 2007-built  Latvian operated Hyundai Mipo designed 37,000 dwt 
 Kazdanga
.

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