Energy, Oil & Gas

Tankers International adds Lila Global to its VLCC pool

Tankers International has expanded its VLCC pool with the addition of Lila Global and its VLCC, Lila Kochi.
 
Lila Global, a Dubai-based logistics and freight services provider, has been actively expanding its presence in the tanker market since 2025.
 
Tankers International's VLCC Pool currently comprises 29 vessels and 8 pool partners.
 
 The company's pooling model remains critical in navigating complex trade routes and delivering competitive returns.
 
Pool partners can benefit from improved cash flow, access to longer and more profitable trades, and greater operational efficiency.
 
Charlie Grey, Chief Executive Officer at Tankers International, commented: “We are pleased to welcome Lila Global as a new pool partner. As the VLCC market becomes increasingly volatile and fragmented, the value of pooling is becoming increasingly powerful.  Our VLCC pool is designed to adapt to these dynamics and deliver consistently strong performance. The addition of Lila Kochi and a partner like Lila Global supports our strategy of combining scale with quality tonnage and owners who are looking to maximise their exposure to the spot market, particularly at a time when fundamentals point to a strong freight market going forward."
 
Faidon Panagiotopoulos, Head of SNP at Lila Global commented: "Our strategic return to the tanker sector aligns perfectly with Tankers International’s commitment to operating VLCCs in a safe and efficient manner, irrespective of market conditions. We are confident that this new partnership will benefit all pool members and assist them to maximise shareholder returns, by utilising quality assets regardless of age." -OGN / TradeArabia News Service