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.
The Navig8 Group currently operates five different Product Tanker Pools, covering the size ranges of 35-42,000 dwt (Handy Pool), 44-54,000 dwt (MR Pool), 65-79,000 dwt (LR8 Pool), 95-120,000 dwt (V8 Pool) and 275,000-320,000 dwt (VL8 Pool); and four Chemical Tanker Pools of 12-15,000 dwt (Taras Pool), 16-21,000 dwt (Brizo Pool) and 16.5-22,500 dwt (Stainless 8 Pool) and 25-46,000 dwt (Delta Pool) and one Dry Pool of 46-63,000 dwt (Supra8 Pool).
The first two pools (Handy and MR) operate under the same company, Navig8 Pool Inc. and along with the LR8 Pool (LR 1) are fully managed by the Navig8 Group; the V8 Pool (Aframax) is a joint venture effort of the Navig8 Group and VTN Shipping while the VL8 Pool (VLCC) was founded by the Navig8 Group, Oman Shipping & VTN Shipping. The chemical pools are all operated by the Navig8 Group.
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