Commercial ship management

Commercial managers of crude oil tankers.

Pan Asia Lines Limited acts as commercial manager for vessels trading worldwide. We seek employment for the ships, run each voyage from fixture to final discharge, and account to the owners for freight, hire and demurrage.

4
VLCCs under commercial management
1.22m
Deadweight tonnes, combined
Crude
Persistent oil cargoes, worldwide trading
HK
Hong Kong company, agent for the registered owners
A laden very large crude carrier under way in open sea
Employed in the spot and period markets on established crude routes.

Voyage cycle

From enquiry to final account.

Each voyage follows the same sequence, and the owner sees a recap, an instruction, an invoice or a statement at every step.

  1. Screening

    Counterparty, cargo and trading area checked for sanctions exposure and know your customer requirements before an offer is made.

  2. Fixture

    Terms negotiated through brokers or direct, subject to the owner's approval. Recap issued to owner and technical manager.

  3. Voyage operations

    Voyage instructions to the Master, agents appointed, bunkers arranged, terminal and charterer liaison through loading and discharge.

  4. Post fixture

    Laytime and demurrage calculated, commercial surveys arranged, claims documented and pursued with charterers.

  5. Accounts

    Freight, hire and demurrage invoiced and collected into the owner's account. Voyage results and monthly statements issued.

Fleet

Four VLCCs, 1.22 million dwt.

Crude oil tankers trading worldwide for oil companies, refiners and traders. Particulars, owners and technical managers are on the fleet page.

Full fleet schedule
CENTURIES309,460 dwt  ·  built 2001  ·  Panama
INDIGO RAY306,283 dwt  ·  built 2000  ·  Vanuatu
LOYALTY298,677 dwt  ·  built 2000  ·  Tanzania
VIEIRA306,999 dwt  ·  built 2002  ·  Vanuatu

Owners considering commercial management, or charterers with crude cargoes to move.