Ektank/IceChem – Announcement

It is our great pleasure to announce that Ektank AB and IceChem Tankers Ltd have signed a Letter of Intent providing for Ektank AB to become a Partner and Shareholder in IceChem Tankers Ltd. after completion of a regulatory and documentational process that is ongoing and expected to be completed within few months.

The combination of the Ektank fleet and the IceChem Tankers fleet is not only a perfect match in terms of the quality, size and features of the vessels, it is also a perfect match of philosophies and strategies in terms of how to provide the market with the highest quality of service and safest transportation of your oil and chemical cargoes in the future.

As a new partner in IceChem Tankers, Ektank bring +50 years of outstanding performance, market expertise and excellent customer relationships in particularly the Northwest European and Baltic market segments, which perfectly complements IceChem Tankers’ market leading presence in the Transatlantic oil and chemical trade, especially in and out of the Great Lakes, as well as its European CPP trade.

We are very pleased to welcome to the IceChem Team Mr. Jonas Gustafsson, who will transfer from Ektank’s chartering department and take up the role as Senior Chartering Manager with IceChem Tankers in Copenhagen with immediate effect. Jonas’ great experience and winning personality will ensure continuity of the service and relationships that Ektank’s highly valued customers have come to expect and will continue to enjoy under the IceChem Tankers umbrella.

It goes without saying that all contractual obligations entered into on Ektank vessels will be fully honored for the duration of those commitments, after which the vessels will enter the IceChem Pool trade. The first vessel – m.t. EKEN – will join with immediate effect.

The founding partners of IceChem Tankers and new partner Ektank will in the future cooperate closely and share best practices on the technical management side to ensure continuation of the highest quality and performance of all ships in the IceChem Tankers fleet – and not the least, ensure full compliance with all regulations and targets for reduction of emissions.

As part of this road to a sustainable future, the partners will also be cooperating closely in the development of the ship of the future in IceChem Tankers’ market segment, combining the vast experience of both the Ektank and the founding partners organizations in developing and bringing to market high spec Newbuildings – more on this to follow!