Maersk Tankers has completed the acquisition of Penfield Marine, creating a large-scale crude and product tanker company offering pool partners and cargo customers a wider range of services.
The newly merged entity will manage approximately 240 vessels, including around 45 vessels owned by affiliated companies.
The transaction was completed on 2 January but the two parties have not disclosed any financial details.
Together, Maersk Tankers and Penfield Marine will leverage their complementary...