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The Barbaro Group operates in the MR Tankers market through the company PB Tankers which owns and operates a fleet of product tankers, all built and operated in accordance with the highest standards for quality and reliability.
Triggered by the growth of the oil products’ market in the Baltic Sea and the White Sea, the Barbaro Group has made a strategic decision to invest in ice – class 1 A tankers. Since 2003, the strategy pursued has led the Group to order more than 20 Medium Range Tankers, 51,000 DWT ice-class 1 A, at the Korean shipyard STX, for a total investment of approx. USD 900 million.
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The decision of investing in the Ice Class Tankers segment has been successful. In fact, it has experienced a strong upward trend as a result of the increasing presence of oil products from the Russian Federation in the world market and the consequent development of trade across the Baltic Sea and the White Sea. In order to support its commercial ventures, PB Tankers also operates MR tankers through long-term and short-term charter parties.
» www.pbtankers.com
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