Commercial Management

We pride ourselves with the ability to generate superior returns to our clients, partners and investors when employing their vessels in our fleet.

More comprehensive information, access to market intelligence, an invaluable business network and a superior management team differentiate us from competitors.

Navig8 Pools

The Navig8 Group currently operates three different Product Tanker Pools, covering the size ranges of 35-42,000 dwt (Handy Pool), 44-54,000 dwt (MR Pool) and 95-120,000 dwt (V8 Pool); and two Chemical Tanker Pools of 12-15,000 dwt (Taras Pool) and 16-21,000 dwt (Brizo Pool).

The first two pools (Handy and MR) operate under the same company, Navig8 Pool Inc. and are fully managed by the Navig8 Group, while the recently formed V8 Pool (Aframax) is a joint venture effort of the Navig8 Group, VTN Shipping and J.B. Ugland Group. The chemical pools are operated jointly by Navig8 and Sokana.

The Pools’ purpose is to secure the highest possible earnings for our participants through the commercial employment and operation of their vessels by the Navig8 and V8 Pool companies.

The Pools operate on a Pool Distribution System, which evaluates vessels on their TCE performance on certain FFA Routes and their Trading Characteristics such as DWT, IMO status, Loading capacities, Trading Exclusions, etc.

The Pool Earnings are pooled together and distributed to the participants on a monthly basis according to each vessel’s Pool Points and trading days in the relevant period.

For a complete list of our current partners and participants, click here.

Why Choose Navig8?

  • Achieve above-market returns by placing vessels in Navig8’s shipping pools
  • Our JVs and shipping pools provide ship owners and traders with a better and more reliable service, reducing their performance risk and increasing their average returns
  • Our pool management methodology offers a range of products for different risk profiles
  • Given our track record of outperforming the market by approximately US$4-5,000 per day, the typical ship owner can optimise the value of his investment on each vessel by more than US$30 million over the life of the vessel