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Tankerska Next Generation d.d.

ISIN: HRTPNGRA0000 | Ticker: TPNG

About Tankerska Next Generation d.d.

Company Description

Tankerska Next Generation Inc. is a shipping joint stock company registered in Zadar, Croatia. TNG’s focus is on services of worldwide seaborne transportation of refined petroleum and some chemical products and intends to employ the majority of the fleet on multi-year time charters.

TNG’s fleet currently consists of six modern MR2 Product tanker vessels. There are two modern MR2 ice class product tankers (MT Velebit and MT Vinjerac; built in 2011) and four MR2 eco-design tankers (MT Zoilo, MT Vukovar, Mt Dalmacija and MT Pag; built in 2015). Total fleet capacity is 300.000 dwt, with the average fleet age which makes TNG’s fleet one of the youngest in the industry.

The main markets in which the Company operates is the international maritime transport of oil products and edible oils. Therefore, TNG provides transport services to oil majors, national oil companies, oil and chemical traders and various other entities that depend on sea transport worldwide.

Year founded

2014

Served area

Worldwide

Shareholder information

Shares outstanding

8,733,345

IPO

Feb. 12, 2015

Stock exchange(s)

Zagreb Stock Exchange

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