Team Tankers CEO invites large-scale tanker mergers

Team Tankers wants to play an active part in the consolidation of the tanker market, whether that means buying assets or getting absorbed by a larger player. "It has to be a two-way street," CEO Hans Feringa tells ShippingWatch.

Photo: Team Tankers

Team Tankers is ready to speed up the consolidation of the tanker market and is actively looking for opportunities to grow its fleet.

But the company would also consider bids from competitors to reach a size that is more meaningful for investors.

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