Global commodities giant Trafigura is placing seven tankers with the Navig8 group in a combination of pool membership and time charters, tanker market sources told TradeWinds.
The combination of the trading behemoth with the pools-commercial management giant is Navig8’s largest addition of tankers since Bob Burke’s Ridgebury Tankers entered eight suezmaxes last October.
Trafigura is known to have had a previous relationship with Navig8, including as a pool partner.