SKS Tankers, Signal Group to expand LR2 Pool

The new setup, named SKS LR2 Pool - powered by Signal, has been launched with SKS’ five LR2 spot vessels, co-owned with funds managed by Hayfin Capital, with the goal of attracting additional tonnage. 

SKS will serve as the commercial manager, carrying out chartering, operations and post-fixture work, while Signal Group will provide the pool infrastructure, the technological tools and capabilities.

The partnership will enable the SKS LR2 Pool to further improve its leading performance while expanding the LR2 fleet. Additionally, the two companies said it will demonstrate the same level of flexibility, fairness and technology edge already offered by the Signal Aframax and MR Pools.

Kristian Gerhard Jebsen Skipsrederi owns the SKS LR2 Pool. Its chief executive Geir Mjelde commented, “SKS has been a leading player in the LR2 tanker segment for many years. Signal Maritime Services has developed state-of-the-art software for pool management. Together, we will bring a unique offering to owners and operators of LR2 tankers with unrivalled performance and transparency.”

Signal Maritime Services chief executive Panos Dimitracopoulos added, “We are delighted to support SKS in their journey to become a leading pool in the LR2 tanker segment. We look forward to seeing our technological capital, developed and tested in our pools over the years, being exported beyond Signal and supporting established, well-respected commercial operators.”