EUROTANKERS INC

What EUROTANKERS INC does

Eurotankers Inc. is a Liberian-incorporated shipping company established in January 1990 and operating under Greek Law A.N. 89/67, headquartered at 99 Akti Miaouli in Piraeus, Greece. The company manages and operates a fleet of double-hulled tanker vessels ranging from Panamax to Suezmax class, with a combined deadweight capacity exceeding 700,000 metric tons, alongside three handy-sized bulk carriers (MV EUROSKY, MV EUROSUN, MV EUROSTAR) built by Samjin Shipbuilding Industries between 2011 and 2013. Its most recent disclosed vessel addition, MT ALDEBARAN, was built in 2019. Tankers carry crude oil and oil products; bulk carriers transport steel products, wheat, and coal. Vessels are classified under Bureau Veritas and Lloyd's Register, and the company has held ISM D.O.C. Certification from Bureau Veritas since April 1998.

The company generates revenue by chartering its managed vessels to major oil companies and traders in both the spot and time-charter markets, operating across the Middle East Gulf, Far East, Oceania, Americas, Africa, Baltic Sea, Mediterranean, and Black Sea. Charter rates are negotiated based on market conditions and vessel specifications rather than through publicly disclosed pricing. The company maintains operational, commercial, and technical departments that provide management services tailored to client standards, with approximately 30+ shore-based staff in Greece and 200+ sailing personnel onboard vessels.

Ownership is private and concentrated, with no institutional investors, private equity backing, or parent company disclosed. No funding rounds, acquisitions, divestitures, or public listings are reflected in the source material. The company's stated differentiator is its small scale, which it claims enables close monitoring of operational needs, combined with a modern fleet and long-tenured seafarers. No AI, digital platform, or technology product initiatives are disclosed.

Name

EUROTANKERS INC

Legal name

Eurotankers Inc.

Website

https://eurotankers.gr

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

11–50 employees

Short description

Eurotankers Inc. is a Piraeus-headquartered, Liberian-incorporated shipping company that manages and charters a fleet of 7 double-hulled tankers and 3 handy-sized bulk carriers to major oil companies and traders globally.

Ownership category

akta.pro rank

Product category

Maritime Shipping / Tanker & Bulk Carrier Operations

NAICS

Deep Sea Freight Transportation (483111)

SIC

Deep Sea Foreign Transportation Of Freight (4412), Water Transportation (4400)

akta.pro primary industry

Crude Oil & Petroleum Products Tanker Transport (TLADALAA)

akta.pro secondary industries

Bulk Dry Cargo Carriers (Capesize/Panamax/Supramax/Handysize) (TLADABAC), Crude Oil Tanker Shipping (EUALADAG), Product Tanker Shipping (Clean/Dirty) (EUALADAH)

Keywords

• Tanker vessel management
• Bulk carrier shipping
• Vessel chartering services
• Maritime transportation
• Ship management

Headquarters

HQ city

Piraeus

HQ country

Greece

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others, Technology or R&D

Revenue model

1. Vessel Chartering: The company manages and operates tanker and bulk carrier vessels, with managed vessels chartered in both the spot and time-charter markets to major oil companies and traders globally.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

Eurotankers Inc. manages and operates a fleet of tanker and bulk carrier vessels, chartered in spot and time-charter markets to major oil companies and traders worldwide. The fleet includes double-hulled tankers ranging from Panamax to Suezmax class with total deadweight exceeding 700,000 metric tons, plus three handy-sized bulk carriers, transporting crude oil, oil products, steel products, wheat, and coal across global shipping routes.

Product overview

EUROTANKERS INC is a Liberian shipping company established in 1990, operating a fleet of tanker and bulk carrier vessels. The company manages a tanker fleet ranging from Panamax to Suezmax class with deadweight exceeding 700,000 metric tons, including vessels MT SIREN, MT ALDEBARAN, MT NOSTOS, MT EUROVICTORY, MT EUROLEADER, MT EUROINTEGRITY, and MT EUROSPIRIT. Additionally, the company operates three handy-sized bulk carriers—MV EUROSKY, MV EUROSUN, and MV EUROSTAR—built by Samjin Shipbuilding Industries. The fleet trades globally across the Middle Eastern Gulf, Far East, Oceania, Americas, Africa, Baltic Sea, Mediterranean, and Black Sea, serving major oil companies and traders in both spot and time-charter markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Tanker Fleet Management Services Management and operation of double-hulled tanker vessels ranging from Panamax to Suezmax class, carrying crude oil and oil products, with deadweight total exceeding 700,000 metric tons. Chartered to major oil companies and traders via spot and time-charter markets.
• Bulk Carrier Fleet Management Services

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• Bureau VeritascoreTechnology or IntegrationClassification society for tanker fleet vessels. Bureau Veritas provides vessel classification and certification services ensuring compliance with international maritime standards.
• Lloyd's RegistercoreTechnology or IntegrationClassification society for certain fleet vessels. Lloyd's Register provides vessel classification and certification ensuring compliance with maritime safety and quality standards.
• SAMJIN SHIPBUILDING INDUSTRIEScoreTechnology or IntegrationShipbuilder for three handy-sized bulk carrier vessels. All three vessels were delivered through new building contracts with SAMJIN SHIPBUILDING INDUSTRIES, with the latest delivered in March 2013.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Thenamaris: Greek-based, privately-held shipowner operating a mixed fleet of tankers and bulk carriers globally. Closely comparable to Eurotankers in private ownership structure, Greek management base, and diversified tanker/bulk carrier business model.
• Euronav: Large crude tanker operator (VLCC/Suezmax-focused) headquartered in Belgium. Comparable to Eurotankers' Suezmax-class crude tanker exposure and global spot/time-charter commercial model.
• Frontline: Major global tanker operator with VLCC, Suezmax, and LR2/Aframax tonnage. Comparable to Eurotankers' crude tanker exposure and global spot/time-charter business model.
• International Seaways: NYSE-listed tanker operator with a mixed fleet of VLCC, Suezmax, Aframax/LR2, and MR product tankers. Comparable to Eurotankers' crude and product tanker mix across the Panamax-to-Suezmax size range.
• Diana Shipping: Greek-based dry bulk owner (Capesize to Panamax) listed in New York. Comparable to Eurotankers' bulk carrier segment and Greek shipping ecosystem positioning.
• DHT Holdings: Pure-play crude tanker owner (VLCC-focused) operating global spot market exposure. Comparable to Eurotankers' crude tanker operations and spot chartering strategy.
• Star Bulk Carriers: Greek-based dry bulk shipping specialist (Newcastlemax to Supramax/Handymax). Comparable for Eurotankers' handy-sized bulk carrier fleet (MV EUROSKY, EUROSUN, EUROSTAR) and Greek operating heritage.
• Safe Bulkers: Greek-based dry bulk shipowner (Panamax to Capesize) listed in New York. Comparable for Eurotankers' handysize bulk carrier operations and Greek operating base.
• Tsakos Energy Navigation: Greek-based (though Bermuda-listed) tanker operator with a diversified fleet of crude and product tankers. Directly comparable to Eurotankers' tanker fleet composition and Greek operating heritage.
• Scorpio Tankers: Large product tanker owner (MR and LR2) listed in New York. Comparable to Eurotankers' product tanker exposure and global spot/time-charter commercial approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/eurotankers-inc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about EUROTANKERS INC