Shell to add ten tankers to Signal’s MR pool

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Shell Tankers (Singapore) has signed a partnership agreement with ship management company Signal Maritime placing ten Medium Range (MR) product tankers into the company’s MR pool.

The company was an early adopter of the Signal Ocean platform in product tankers and the duo said they expect digital technology to help improve commercial results through the MR pool structure and other potential synergies.

In line with the shipping industry’s decarbonisation efforts, Shell and Signal have also joined forces to collaborate on carbon emissions reduction initiatives.

They will investigate further synergies and pooling opportunities in other tanker segments, as revealed by Signal Maritime.