The Tanker desk advises owners and charterers across the full spectrum of tanker chartering and sale and purchase activity, covering spot employment, short and long-term time charters, and secondhand tanker transactions.
The desk operates in close coordination with Sale & Purchase on structured transactions where the asset and its employment are negotiated together, including vessels sold or acquired with attached charter coverage, forward employment, or strategic trading arrangements.
Coverage extends across Handysize, MR, LR, Aframax, and Suezmax sectors, with experience in crude, clean petroleum product, and chemical trades, alongside selective involvement in the VLCC market where market conditions and mandates align.
Crude, clean product, chemicals, gas. Each tanker project is six specialist disciplines, coordinated by the same team from spec to delivery.
Cargo-by-cargo employment across crude, clean petroleum product, and chemical trades. The desk negotiates freight, laycan positioning, demurrage terms, discharge flexibility, and charter party conditions directly on behalf of owners, maintaining continuous market coverage to identify employment suited to the vessel's trading profile and positioning.
Short and long-term period employment across the tanker sectors, including full negotiation of charter party terms, performance obligations, off-hire provisions, redelivery conditions, and counterparty evaluation. Fixtures are structured with close attention to earnings visibility, operational flexibility, and charterer quality.
Structured transactions executed jointly with the Sale & Purchase desk, where the vessel and its employment are negotiated as a combined commercial package. These mandates involve the acquisition or disposal of tankers with attached time charter coverage, requiring integrated assessment of both asset value and forward earnings profile within a single transaction structure.
Coverage spans Handysize, MR, LR1, LR2, Aframax, and Suezmax sectors across crude, clean product, and chemical markets worldwide. VLCC activity is undertaken selectively, with focus placed on mandates where transaction structure, employment strategy, or long-standing commercial relationships warrant dedicated involvement.
Our tanker division operates across all major tanker segments and sub-types.
VLCC (300,000+ DWT) · Suezmax (120,000-200,000 DWT) · Aframax (80,000-120,000 DWT). Double hull, crude oil washing systems, inert gas systems, segregated ballast.
LR2 (80,000-120,000 DWT) · LR1 (55,000-80,000 DWT) · MR (25,000-55,000 DWT) · Handy (10,000-25,000 DWT). Coated tanks, multi-grade capability, heating systems, enhanced cargo segregation.
IMO Type I · IMO Type II · IMO Type III. Stainless steel / coated tanks, deep-well pumps, independent cargo lines, advanced vapor recovery.
LNG (various capacities) · LPG (VLGC, MGC, small) · Ethylene / ethane carriers. Membrane and spherical tank systems, reliquefaction, boil-off gas management, dual-fuel propulsion.
Every tanker project follows a structured, phase-gated process that ensures nothing is missed and the owner retains full visibility at every stage.
The Tanker desk handles spot voyages, short and long-term time charters, and tanker sale and purchase transactions across the major tanker sectors. This includes structured deals where a vessel is sold or acquired with attached charter employment. Coverage extends from Handysize through Suezmax across crude, clean petroleum product, and chemical trades, with selective involvement in the VLCC market.
The desk acts for both owners and charterers, depending on the mandate. For owners, this includes spot employment, time-charter-out activity, asset transactions, and structured employment-linked sales. For charterers, the desk handles cargo and time-charter-in requirements where formally appointed. Opposing interests are never represented within the same transaction.
These transactions are managed jointly by the Tanker and Sale & Purchase desks. The Sale & Purchase team oversees inspections, memoranda of agreement, closing, and delivery matters, while the Tanker desk manages charter party negotiation, employment terms, performance obligations, and redelivery provisions. The asset and its employment are evaluated and negotiated as a single commercial structure.
The desk is active across Handysize, MR, LR1, LR2, Aframax, and Suezmax sectors, covering crude oil, clean petroleum products, and chemical cargo trades. Market involvement is concentrated on sectors with active chartering liquidity and consistent trading activity, while VLCC mandates are undertaken selectively.
Chartering strategy is developed around the vessel's specification, positioning, trading flexibility, earnings profile, and prevailing market conditions. The objective is not simply to secure employment, but to optimise utilisation, manage counterparty exposure, and position the vessel effectively within the freight cycle and broader asset strategy.