Team Tankers was close to two mergers but found a different path to consolidation

Hans Feringa has for four years been working to merge Team Tankers with other players in the market. Twice he had to give up shortly before the finish line. He speaks to ShippingWatch about a process that wound taking more than four years.

Photo: PR / Team Tankers

The mandate was clear when Hans Feringa back in 2015 took over as CEO of Team Tankers, replacing Jens Grønning.

Things needed to be cleaned up, and the businesses needed to grow. And they needed to grow on a large scale. Mergers and acquisitions were at the top of the agenda, and Feringa was hired to handle this task.

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