Concord Maritime is pleased to announce that International Seaways is joining the Dakota Tankers Aframax Pool with three Aframaxes in the coming days. This includes the M/T Seaways Redwood (112,792-dwt built-2013), the M/T Seaways Yellowstone (112,989-dwt built-2009), and the M/T Seaways Yosemite (112,905-dwt built-2009). The NYSE-listed, New York-headquartered owner, will participate in the Pool alongside Atlas Maritime, Chartworld Maritime Management Corporation, Emarat Maritime, and Concord affiliate TankerTime. The Dakota fleet size will increase to 14 vessels with the addition of the Seaways Aframaxes.

From its offices in Connecticut and England, Concord Maritime commercially manages a fleet of Aframaxes trading internationally with a focus on the US Gulf, Mexico, Caribbean and transatlantic trade routes. Concord’s commercial management platform offers its participants direct and efficient access to the tanker markets through a simple, straight forward and transparent pooling structure.

International Seaways owns and operates a fleet of 40 vessels, including 13 VLCCs, two Suezmaxes, four Aframaxes/LR2s, 11 Panamaxes/LR1s and 7 MR Tankers. Through joint venture partnerships, the Company has ownership interests in two floating storage and offloading service vessels. Its Houston-based subsidiary, Lightering LLC, provides both full and support services for ship-to-ship transfer operations, and other maritime logistics requirements, for its clients in the US Gulf of Mexico, US Atlantic Coast, US West Coast, and throughout Panama and Bahamas.