HORIZON TANKERS LIMITED SA

What HORIZON TANKERS LIMITED SA does

HORIZON TANKERS LIMITED SA is a privately held Greek shipping company established in 2007 and headquartered in Piraeus. The company provides international seaborne transport services to oil major companies and large trading houses, operating a fleet that combines Suezmax crude tankers (Amarylis/Rio Caroni, Anemone/Rio Orinoco, Melita/Rio Apure, each ~158,500–158,800 MT SDWT) with MR2 Product/Chemical tankers (Horizon Armonia, Horizon Thetis, Horizon Theano, Horizon Theoni, Horizon Electra, Horizon Ekavi, Horizon Emmanuel). Vessels are equipped with double hull construction, IGS, SBT, VRS, Crude Oil Washing on Suezmax units, and pure epoxy or phenolic coatings for chemical compatibility, with classifications spanning IMO II and IMO III. The company is a member of INTERTANKO with active participation in the ISTEC and Bunker Sub-Committees.

The business model is direct B2B chartering, where the company operates as both ship owner and ship manager and engages oil majors and trading houses on time charter or voyage charter arrangements. Its go-to-motion is enterprise field sales with no intermediary distribution layer. Revenue is generated on a transaction-fee basis tied to voyage or time-charter rates, with no publicly disclosed pricing. Marketing footprint is limited to a corporate website (horizontankers.gr) and direct relationships. The most recent vessel additions — Horizon Ekavi (IMO III, valued at USD 42 million) and Horizon Emmanuel (IMO II-III, built April 2026 at Zhoushan Changhong International Shipyard in China, valued at USD 56 million) — demonstrate ongoing capital reinvestment in modern, compliant tonnage. A "PROJECTS" page exists but is marked "Coming soon," and the website footer shows links to an affiliated Target Marine Group, suggesting a related operating group though not formally disclosed as a subsidiary.

Name

HORIZON TANKERS LIMITED SA

Legal name

HORIZON TANKERS LIMITED SA

Website

https://horizontankers.gr

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Tanker Shipping Services

NAICS

Deep Sea Freight Transportation (483111), Deep Sea, Coastal, and Great Lakes Water Transportation (48311)

SIC

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

akta.pro primary industry

Liquid Bulk / Crude & Product Tanker Operators (VLCC/Suezmax/Aframax/MR) (TLADABAD)

akta.pro secondary industry

Crude Oil & Petroleum Products Tanker Transport (TLADALAA)

Keywords

• Seaborne oil transport
• Chemical tanker shipping
• Suezmax tankers
• MR2 product tankers
• Maritime freight services

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, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Shipping Transport Services: International seaborne transport services for oil major companies and large trading houses using owned and managed tanker fleet.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

HORIZON TANKERS LIMITED SA is a private shipping company that provides international seaborne transport services of petroleum products, chemicals, and refined oil cargoes to oil major companies and large trading houses. The company operates a fleet of three Suezmax crude oil tankers and five MR2 Product/Chemical tankers, offering both ship-owner and ship-management capabilities with a focus on energy efficiency and environmental compliance.

Product overview

HORIZON TANKERS LIMITED SA is a private shipping company offering international seaborne transport services through a fleet of tanker vessels. The company operates two vessel categories: Suezmax Tankers (Amarylis/Rio Caroni, Anemone/Rio Orinoco, Melita/Rio Apure) for large-scale crude oil transport, and MR2 Product/Chemical Tankers (Horizon Armonia, Horizon Thetis, Horizon Theano, Horizon Theoni, Horizon Electra, Horizon Ekavi, Horizon Emmanuel) for refined product and chemical cargoes. The company provides services to oil major companies and large trading houses, with emphasis on energy efficiency, eco performance capabilities, and compliance with oil majors and terminal safety criteria.

Differentiator

Problem solved

Functional benefit

Products and services

• Horizon Armonia MR2 Product/Chemical tanker vessel (IMO 9407354) built in July 2008 at SPP Shipbuilding, South Korea, with a capacity of 52,102.759 CBM at 98%, used for transporting refined petroleum products and chemicals.
• Horizon Thetis MR2 Product/Chemical tanker vessel (IMO 9407380) built in January 2009 at SPP Shipbuilding, South Korea, with a capacity of 52,116.321 CBM at 98%, used for transporting refined petroleum products and chemicals.
• Horizon Theano MR2 Product/Chemical tanker vessel (IMO 9407392) built in May 2009 at SPP Shipbuilding, South Korea, with SDWT of 49,999 MT, used for transporting refined petroleum products and chemicals.
• Horizon Theoni MR2 Product/Chemical tanker vessel (IMO 9407407) built in June 2009 at SPP Shipbuilding, South Korea, Liberian flag with double/double hull, SDWT of 50,221.104 MT and capacity of 52,121.709 CBM at 98%, used for transporting refined petroleum products and chemicals.
• Horizon Electra MR2 Product/Chemical tanker vessel (IMO 9418119) built in February 2008 at STX Korea, South Korea, with SDWT of 51,068.6 MT and capacity of 52,120.478 CBM at 98%, used for transporting refined petroleum products and chemicals.
• Horizon Ekavi MR2 Product/Chemical tanker vessel (IMO 9404223) built in May 2008 at STX Korea, South Korea, IMO III certified, SDWT of 49,999 MT, capacity of 52,202.80 CBM at 98% and valued at USD 42 million, used for transporting chemicals and refined petroleum products.
• Horizon Emmanuel MR2 Product/Chemical tanker vessel (IMO 1063906) built in April 2026 at Zhoushan Changhong International Shipyard, China, Marshall Islands flag with double hull and IMO II-III certification, SDWT of 49,985 MT, capacity of 52,658.70 CBM at 98% and valued at USD 56 million, used for transporting chemicals and refined petroleum products.
• Amarylis (renamed M/T RIO CARONI) Suezmax crude oil tanker vessel (IMO 9586722) built on 31 March 2011 with SDWT of 158,777.3 MT, used for large-scale international crude oil transport.
• Anemone (renamed M/T RIO ORINOCO) Suezmax crude oil tanker vessel (IMO 9586734) built on 30 May 2011 with SDWT of 158,589 MT and LOA of 274.36m, used for large-scale international crude oil transport.
• Melita (renamed M/T RIO APURE) Suezmax crude oil tanker vessel (IMO 9589748) built on 30 June 2011 with SDWT of 158,658 MT and capacity of 167,440.7 cu. metres at 98%, fitted with double hull, SBT, COW, IGS and classed by ABS, used for large-scale international crude oil transport.
• International Seaborne Tanker Transport Services International seaborne transport services for oil major companies and large trading houses, provided through owned and managed tanker fleet on voyage charter and time charter bases; emphasis on meeting oil major and terminal safety criteria.

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• INTERTANKOcoreStrategic or Co-development PartnerHORIZON TANKERS is a member of INTERTANKO (International Association of Independent Tanker Owners) with active participation in various committees including ISTEC and Bunker Sub-Committee. This membership provides industry representation, regulatory advocacy, and best practice standards.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• DHT Holdings: Pure-play VLCC operator listed in Oslo. Comparable as a crude tanker owner, though Horizon's smaller Suezmax and MR mix differs from DHT's VLCC-only focus.
• International Seaways: NYSE-listed tanker operator with VLCCs, Suezmax, Aframax/LR2, and MR product tankers. Comparable in diversified crude and product exposure, but materially larger and publicly traded.
• Frontline: Largest publicly listed tanker operator globally with VLCCs, Suezmax, Aframax, and MR/LR2 product tankers. Overlaps on Suezmax crude and product tanker operations but at much greater scale.
• Euronav: Large Belgian-incorporated tanker operator with VLCCs and Suezmax tankers. Comparable on Suezmax crude tanker exposure but materially larger and broader in scope.

Direct peers

• Odfjell: Norwegian-headquartered chemical tanker specialist operating a global parcel tanker network with deep IMO II-III certified fleet. Comparable to Horizon's chemical-certified MR2 vessels.
• Torm: Denmark-based product tanker owner-operator with one of the largest MR fleets globally. Highly comparable in MR product/chemical tanker focus and oil-major client base.
• Stolt-Nielsen: Global leader in chemical and product tankers (parcel tanker operator), with strong chemical-grade and IMO II-III fleet. Directly comparable to Horizon's MR2 chemical-certified tankers.
• Thenamaris: Greek-based, family-owned tanker operator with a mixed fleet of MR product tankers and crude tankers, headquartered in Piraeus. Directly comparable in size, geographic base, and product/chemical plus crude tanker mix.
• Minerva Marine: Greek tanker operator with a mix of MR product tankers and crude carriers, based in Athens/Piraeus. Closely comparable in fleet composition, scale, and Greek shipping family-ownership model.
• Maran Tankers Management (Angelicoussis Group): Major Greek tanker operator with VLCCs, Suezmax, Aframax, and MR product tankers. Comparable in product/chemical and crude tanker operations, though substantially larger in fleet size.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/horizon-tankers-limited-sa

Revenue estimate

Valuation estimate

Number of profiles

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 HORIZON TANKERS LIMITED SA