PRIME is a leading global provider in the international product tanker market and has become a major player in the Liquid Petroleum Gas (LPG) market. PRIME Tanker & PRIME Gas currently operate a fleet of 20 double-hull Product, Crude Oil and Gas carriers with a carrying capacity of approximate 1.5 million deadweight tons
PRIME’s LR1 platform represents approximately 10.0% of the global LR1 fleet in clean petroleum trades, the largest non-pool commercial operator of vessels this size. This represents significant spot exposure, while the fleet’s scale allows optimization of vessels positions and combination of front/back haul voyages maximizing utilization.