OMC Tankers
OMC Tankers is a Bermuda-incorporated, Norway-listed pure-play modern VLCC owner with eight newbuild crude tankers under construction for phased delivery from Q1 2028 to Q3 2029, targeting oil majors and trading houses for long-haul crude transportation.
- Company typePublic
- Founded2026
- HeadquartersHamilton, Bermuda
- Headcount—
- GTM typeB2B
- OfferingServices
OMC Tankers firmographics
Firmographics- Name
- OMC Tankers
- Legal name
- OMC Tankers Ltd.
- Website
- https://omctankers.com
- Company type
- Public
- Founded year
- 2026
- Operating status
- Ipo
- Short description
- OMC Tankers is a Bermuda-incorporated, Norway-listed pure-play modern VLCC owner with eight newbuild crude tankers under construction for phased delivery from Q1 2028 to Q3 2029, targeting oil majors and trading houses for long-haul crude transportation.
- Ownership category
- akta.pro rank
OMC Tankers industry classification
Industry- Product category
- Tanker Shipping / Maritime Crude Oil Transportation
- NAICS
- Ship and Boat Building (33661), Ship and Boat Building (3366)
- SIC
- Deep Sea Foreign Transportation Of Freight (4412)
- akta.pro primary industry
- Liquid Bulk / Crude & Product Tanker Operators (VLCC/Suezmax/Aframax/MR) (TLADABAD)
- akta.pro secondary industries
- Crude Oil Tanker Shipping (EUALADAG), Crude Oil & Petroleum Products Tanker Transport (TLADALAA)
Keywords
Where OMC Tankers is headquartered
LocationHeadquarters
- HQ city
- Hamilton
- HQ country
- Bermuda
Markets served
OMC Tankers business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- VLCC Vessel Chartering/Transportation: The company operates a fleet of eight modern VLCC vessels under construction at New Times Shipyard and Yantai CIMC Raffles. Upon delivery between Q1 2028 and Q3 2029, the vessels will be deployed for crude oil transportation, generating revenue through time charters or spot market rates. The company aims to maximize returns to investors with a disciplined financial strategy.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
OMC Tankers product offering
Product offeringCore offering
OMC Tankers is constructing a fleet of eight modern Very Large Crude Carrier (VLCC) vessels for the long-haul transportation of crude oil. The fleet comprises four 319,000 DWT vessels being built at New Times Shipyard (deliveries Q1–Q3 2028) and four 300,000 DWT vessels being built at Yantai CIMC Raffles (deliveries Q1–Q3 2029). Upon delivery, the vessels will be deployed under time charters or spot market contracts to oil majors and commodity trading houses.
Product overview
OMC Tankers is a pure play modern VLCC (Very Large Crude Carrier) company operating a fleet of eight vessels under construction. The fleet consists of four 319,000 DWT vessels being built at New Times Shipyard with deliveries from Q1 2028 to Q3 2028, and four 300,000 DWT vessels being built at Yantai CIMC Raffles with deliveries from Q1 2029 to Q3 2029. The vessels represent the company's core service offering of crude oil transportation.
Differentiator
Problem solved
Functional benefit
Products and services
- VLCC Crude Oil Transportation Services Long-haul crude oil transportation offered to oil majors and commodity trading houses via a fleet of eight modern Very Large Crude Carrier (VLCC) vessels. The service is delivered through four 319,000 DWT vessels under construction at New Times Shipyard (Mount Discovery, Mount Pinnacle, Mount Pursuit, Mount Vanguard; deliveries Q1–Q3 2028) and four 300,000 DWT vessels under construction at Yantai CIMC Raffles (Mount Endeavour, Mount Odyssey, Mount Venture, Mount Voyager; deliveries Q1–Q3 2029), deployed under time charters or spot market contracts.
Companies that use OMC Tankers
Customer profileSegments1 record
Ideal customer profiles2 records
OMC Tankers technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
OMC Tankers partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- New Times ShipyardcoreShipbuilding partner constructing four VLCC vessels (Mount Discovery, Mount Pinnacle, Mount Pursuit, Mount Vanguard) with deliveries scheduled between Q1 2028 and Q3 2028. Total capacity of 319,000 DWT per vessel.
- Yantai CIMC RafflescoreShipbuilding partner constructing four VLCC vessels (Mount Endeavour, Mount Odyssey, Mount Venture, Mount Voyager) with deliveries scheduled between Q1 2029 and Q3 2029. Capacity of 300,000 DWT per vessel.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
OMC Tankers competitors and assessment
Company assessmentDirect peers
- International Seaways: NYSE-listed tanker operator with significant VLCC and Suezmax exposure; comparable to OMC in vessel class focus and crude oil transportation revenue model.
- Frontline plc: Largest pure-play VLCC and Suezmax operator globally with a fleet exceeding 80 vessels; OMC's CTO Petter Lalic came from Frontline Management, and Frontline is the most direct comparable for OMC's VLCC-focused strategy.
- Euronav NV: Belgian-headquartered pure-play crude tanker operator with a fleet of VLCCs and Suezmaxes; one of the closest publicly listed comparables to OMC's pure-play VLCC business model.
- DHT Holdings: NYSE-listed pure-play VLCC owner-operator with a modern fleet; directly comparable to OMC on strategy, vessel class, and customer base of oil majors.
- Himalaya Shipping: Oslo-listed shipping company with newbuild vessels, sharing the same CEO (Lars-Christian Svensen) and CFO (Vidar Hasund) as OMC; comparable on strategy and management platform.
- 2020 Bulkers: Oslo-listed newbuild dry bulk vehicle managed by the same contracted CFO/CTO team as OMC; while focused on dry bulk, it shares management, governance, and Oslo-listed newbuild shipowner model.
- Torm plc: One of the world's largest product and crude tanker operators with a fleet of MR, LR1, and LR2 vessels; comparable publicly listed tanker peer with overlapping customer base.
- Scorpio Tankers: NYSE-listed product and crude tanker company operating a modern fleet of ECO vessels; overlapping crude tanker exposure and similar publicly listed shipowner structure.
Broad incumbents
- Cosco Shipping Holdings: One of the world's largest shipowners with a sizable VLCC fleet among broader container and dry bulk exposure; broad incumbent in the crude tanker space with overlapping VLCC business.
- Mitsui O.S.K. Lines: Japanese diversified shipping giant with a substantial VLCC and tanker fleet among LNG, container, and bulk; broad incumbent peer with material crude tanker business overlap.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
OMC Tankers financial estimates
Financial estimateRevenue estimate
Valuation estimate
OMC Tankers leadership team
Management profileNumber of profiles
Profiles7 records
OMC Tankers funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OMC Tankers M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OMC Tankers
What does OMC Tankers do?
OMC Tankers is constructing a fleet of eight modern Very Large Crude Carrier (VLCC) vessels for the long-haul transportation of crude oil. The fleet comprises four 319,000 DWT vessels being built at New Times Shipyard (deliveries Q1–Q3 2028) and four 300,000 DWT vessels being built at Yantai CIMC Raffles (deliveries Q1–Q3 2029). Upon delivery, the vessels will be deployed under time charters or spot market contracts to oil majors and commodity trading houses.
Is OMC Tankers a public or private company?
OMC Tankers is a public company. It is classified as public and is currently ipo.
When was OMC Tankers founded?
OMC Tankers was founded in 2026.
Where is OMC Tankers based?
OMC Tankers is headquartered in Hamilton, Bermuda.
How does OMC Tankers make money?
One revenue line is on record: VLCC Vessel Chartering/Transportation.
Who are OMC Tankers's main competitors?
Direct peers on record are International Seaways, Frontline plc, Euronav NV, DHT Holdings, Himalaya Shipping, 2020 Bulkers, Torm plc and Scorpio Tankers. Broad incumbents are Cosco Shipping Holdings and Mitsui O.S.K. Lines.
Does OMC Tankers have an API?
No public API is recorded for OMC Tankers.
What industry is OMC Tankers in?
OMC Tankers's product category is Tanker Shipping / Maritime Crude Oil Transportation. Its primary akta.pro industry code is TLADABAD, Liquid Bulk / Crude & Product Tanker Operators (VLCC/Suezmax/Aframax/MR), with a secondary code of EUALADAG, Crude Oil Tanker Shipping. Its NAICS code is 33661 and its SIC code is 4412.