UK-based Navig8 Group has signed its first pool management deal with Spanish shipowner Ibaizabal Tankers.
Getxo-based Ibaizabal has placed its 150,000-dwt suezmax Monte Toledo (built 2004) in Navig8's Suez8 pool this month.
"We are pleased to welcome Ibaizabal Tankers and the latest addition to our growing Suez8 pool," commercial operator Navig8 said.
