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Ocean Tankers Holdings

Tuesday, 08 November 2011 | 00:00

Ocean Tankers Holdings Public Company Limited is a company focused on modern double hull double bottom oil / chemical tankers.. The company owns eight vessels 2 of which are still under construction (newbuildings). Within a year, and since the company's listed in the Cyprus Stock Exchange (CSE), the company faced a rapid expansion, increasing its fleet from three tankers to eight tankers. All Group vessels are Double Hull and Double Bottom. This classifies the Group vessels in the family of Double Hull "“ Double Bottom tankers. It has to be noted that as of 2007 onwards, only Double Hull tankers will be allowed to enter in European and American ports. The Company believes that owning and maintaining a modern Double Hull fleet reduces off time hire and operating costs, improved safety and environmental performance and provide the Group with a competitive advantage in securing employment for its vessels.
Its headquarters are in Nicosia, from where the control and monitoring of the management of its vessels is made. The management of the vessels is made by Admibros ship management Co. Ltd which has offices in both Limassol and Piraeus.

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