Panama
Cape Tankers Inc is a global player in the transportation of crude oil and DPP, managing Panamax International and Aframax International. Panamax International operates 30 double hull Panamax Tankers/LR1, while Aframax International runs a fleet of 6-12 modern Aframax Tankers/LR2. Cape Tankers is part of Ultranav, a privately owned shipping company with offices in 21 countries and operating units in five market segments. Founded in 2005 as a joint venture by Ultranav, International Seaways, and EP Flopec, Panamax International focuses on dirty petroleum products in the Americas. Cape Tankers is committed to decarbonizing the shipping industry and aims to exceed IMO’s mandatory targets for reducing CO2 intensity and total GHG emissions.
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