International Tanker Management Limited News

Wilhelmsen Ship Management has strengthened its position in the tanker market with a newly signed agreement to acquire a majority stake in Hamburg-based Ahrenkiel Tankers. The transaction will result in Wilhelmsen Ship Management taking over the management of five tankers. Wilhelmsen Ship Management will gain 80% ownership of Ahrenkiel Tankers under the deal, with the remaining 20% to be held by existing owners MPC Capital Group. Ahrenkiel Tankers will be rebranded as Barber Ship Management. S...