The Navig8 Group is back in expansion mode with expectations of a recovery in both the clean products and crude markets.
A group with expansive operations in pooling, commercial management and vessel ownership has taken in a total of 14 tankers through a combination of third-party management and time-charter exposure with outside partners, Navig8 confirmed to TradeWinds.
While Navig8 would not break down the specific terms, it is understood that the additions are heavily weighted toward product tankers, and that Navig8 has formed charter partnerships with the external investors.
