Tanker Owners To Gain More Pull Through Information Sharing System

Tanker owners organization Intertanko is reportedly testing a system designed to give ship owners greater market clout through increased vessel/cargo information sharing. The aim is to set up a protected Web site where vessel owners can input ship position and cargo information, giving them better information on availability of cargo and ships. Tanker owners could use the system to strengthen their market power and increase vessel utilization by pooling vessels.