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Tanker Operator CSM signs joint venture with Sea World Management to form CSM Monaco
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CSM signs joint venture with Sea World Management to form CSM Monaco | Hellenic Shipping News Worldwide
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As the 194 signatories of the Paris Climate Accord develop their plan to reduce global greenhouse gas (GHG) emissions by 2050, the world of shipping is being further pressed to adopt serious measures. With this goal in mind, Monte Carlo-based Sea World Management has embraced the challenge on two different fronts, both aimed at achieving .
Scorpio Pool and Sea World Management Launch the first handysize tanker over 15 pool
The first pool “over”: Scorpio Pool and Monaco based Sea World Management (SWM) decided to join together on a vintage Pool, focused on one sector: Only handysize tankers over 15 years old.
In fact this Handy Plus Pool has been established to target the Handymax fleet with a “vintage profile” but at the same time being operated at the highest standards.
Both two partners, with the aging global Handymax fleet combined with minimal replacement in the pipeline, consider this to be a sector with a lot of opportunities which will be targeting the niche trades this size caters to, with a special focus in transporting both petroleum products and edible oil.
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