Dynacom Tankers Management Ltd. (DTM) was founded in 1991 to manage oil tankers. Since 1991 DTM’s fleet has been significantly expanded and modernized and the Company has developed a strong network of customer relationships and a reputation for transportation excellence among quality-sensitive customers.
DTM has a strong presence in the oil industry, delivering over 1.8 million barrels of cargo daily, with vessels calling at more than 1,000 ports yearly – linking international economies and serving customers worldwide. Since 2001 DTM has launched an intensive fleet renewal programme, resulting in the formation of a fleet with an average age of 5 years compared to 13 years average age of the worldwide tanker fleet. By 2010 DTM will have a fleet with an average age of 3 years. By that time, it is anticipated that nearly 100% of DTM’s fleet will be double hull vessels.
The existing fleet totaling about 5 million deadweight tonnes, out of which 80% are double hull new buildings. In addition, DTM is awaiting delivery of additional newbuildings consisting of VLCCs, Suezmax, Aframax, Panamax and coated product Panamax tankers (LR1). In view of the rapid growth of oil exports in the Baltic region, certain Suezmax and Panamax tankers have been ice strengthened to 1A for Hull and machinery.
Throughout the years, DTM has developed an excellent track record and has served all major oil companies such as Shell, Exxon-Mobil, Chevron-Texaco, BP-Amoco, TotalFinaElf, ConocoPhilips and many other world-class traders and state owned oil companies.
The vessels are in class with first class classification societies such as ABS, DNV, NKK, BV and Lloyd’s Register.