The pool agreement governing the formation of a market leading VLCC pool has now been signed by the four partners.

Morten Pilnov, Maersk Tankers, will be the Managing Director for Nova Tankers Pool. In this connection, the pool management company, Nova Tankers A/S, has been incorporated with Kazunori Nakai as Chairman.

The pool agreement governing the formation of a market leading VLCC pool has now been signed by the four partners MITSUI O.S.K. LINES, LTD. / PHOENIX TANKERS PTE. LTD., A.P. MØLLER – MÆRSK A/S (Maersk Tankers), SAMCO SHIPHOLDING PTE. LTD., and OCEAN TANKERS (PTE.) LTD., SINGAPORE.

Morten Pilnov is presently Head of Gas for Maersk Tankers, covering both Handy gas and VLGC. He brings with him extensive experience with pools from the gas segment and will take up the position immediately. Mr Pilnov has been with A.P. Moller- Maersk A/S for 12 years, hereof eight with Maersk Tankers.

Kazunori Nakai is the Executive Officer of Mitsui O.S.K. Lines. Ltd. Mr. Nakai will take up the position as chairman of the pool management company in addition to his normal responsibilities.