Norway's Stolt Tankers and UK shipping fund manager Tufton Investment Management have formed a new chemical carrier pool as they look at ways to reduce carbon emissions.
The agreement covers seven of Tufton's tankers of between 19,000 dwt and 22,000 dwt, which will joint the Stolt Tankers Joint Service DeepSea Fleet (STJS).
Tufton will begin handing over ships immediately and the full transfer will be complete in the third quarter.
