Chembulk Tankers is to place its entire fleet into commercial pools managed by Womar Logistics. Womar will assume commercial management of the vessels as from the end of this month, with the transition expected to be complete by the end of May.
"Chembulk's commercial shift to the Womar chemical pools places our quality vessels in an established and growing revenue sharing platform, providing commercial efficiencies, logistics flexibility and a seamless continuation of the performance our customers expect from Chembulk vessels,” says Chembulk CEO Bart Kelleher.
"We are committed to delivering the greatest possible value to all our stakeholders, and we are working steadfastly toward completing this commercial partnership through a seamless and accretive transition. We are also very pleased that Chembulk's fleet will have commercial continuity with experienced staff joining Womar."
“This is an exciting development for Womar as it demonstrates both our focus on growth and our ability to provide solutions for shipowners,” adds Jake Scott, managing partner of Womar parent FDX. “With this deal, Womar establishes an important footprint here in Connecticut as we seek to expand into new markets."[post_title] => Chembulk pools with Womar [post_excerpt] => [post_status] => publish [comment_status] => open [ping_status] => open [post_password] => [post_name] => chembulk-pools-with-womar [to_ping] => [pinged] => [post_modified] => 2020-03-17 09:05:50 [post_modified_gmt] => 2020-03-17 09:05:50 [post_content_filtered] => [post_parent] => 0 [guid] => https://hcblive.com/?p=18247 [menu_order] => 0 [post_type] => post [post_mime_type] => [comment_count] => 0 [filter] => raw )