Fairfield-based Penfield brought onboard another Heidmar alumnus, Glenn Gronseth, as business development director last spring. We started developing relationships and one thing led to another.. Founded in 2012 by Tim Brennan and Eric Haughn, Penfield Marine LLC (Penfield) is a boutique commercial management company operating tankers around the world in Penfields Panamax/LR1 pool, Aframax/LR2 pool, and Suezmax pool. Posted Dec 8, 2022. Town of Penfield seeks Parks and Recreation Advisory Board members. Founders, Penfield Marine. You can read more about how we handle your information in our privacy policy. Competitive earnings with consistent monthly distributions, settlement of outstanding demurrage and miscellaneous claims distributed immediately with hire. Begin project or construction. The vessel loaded one million barrels of crude oil in Brazil for delivery to multiple ports in Southeast Asia . Bergshav has a diversified tanker fleet, as well as a fleet of 12 small gas. The additions will build its aframax fleet to 15 vessels contributed by nine partners, up by half from 10 tankers and six members since the start of the summer. From its offices in Connecticut, London, and Singapore, Penfield provides shipping services to a wide array of clients, which includes chartering customers (major oil companies and oil traders), pool members, and shipping investors. This vessel operates in the Scorpio Handymax Tanker Pool, or SHTP. Read More. As TradeWinds reported in May, the entry of Valles and Wah Kwong on the aframax side saw Penfield open up a new area of emphasis in Hong Kong. SUBSCRIBE TO OUR NEWSLETTER. Phoenix will be Penfield's fourth partner in that segment. It will . The 104,707-dwt Phoenix Alpha (built 2003) will become the seventh in. Our pool complex provides a full-size swimming pool with a shallow and deep end, a diving board and four competitive swimming lanes. SMRP is a Scorpio Pool and is operated by SCM. PERIDOT SHIP MANAGEMENT. Penfield Marine is growing its aframax pool with the latest addition from Piraeus-based Phoenix Energy Navigation. It has focused on panamax tonnage and currently has 29 tankers of that class within the pool. As I mentioned [in May], we want to have sustained slow growth in the aframax pool, he said. Winter-Spring 2023 Town of Penfield 3100 atlantic Avenue, Penfield, New York 14526 www.penfield.org. Connecticut-based pool operator adds latest in ongoing growth plans for aframax market. Sign-up for notifications/alerts Facebook Twitter. Located in Downtown St Paul, The Penfield is conveniently located near your favorite shops and restaurants. The additions will build its aframax fleet to 15 vessels contributed by. Dynamar's database contains 25,000 business information reports on companies in the shipping, oil and shipping related sectors. Penfield is expected to use Gronseths market experience and contacts to further boost its pools fleet, particularly on the aframax side, which is still in a growth phase, Brennan explained. This website is maintained by the Communications and Technology Departments according to the web publishing guidelines of the Penfield Central School District. Our new entry - Star Aqua / Fujairah . The move follows the success of its Aframax pool, which has been running since 2018 and consistently delivering above market returns to its members. This does mean the Aframax Pool will grow to 40 ships and have a simpler business model: we trade the ships in the best paying markets, clean or dirty. Eric Haughn & Tim Brennan 960 Reederei Nord and Synergy Group, on behalf of Nissen Kaiun, have officially launched N2Tankers, a new Aframax tanker pool the two shipowning companies have set up as a joint venture. "In suezmaxes we'd like to get a bit bigger, although we. James Knowles's Phone Number and Email. Publicly display permit. Posted Nov 30, 2022. Trading is central to the Penfield culture and a passion for capturing opportunities in the global shipping markets defines every commercial decision. In April 2015, Penfield chartered in a tanker from Valles the 105,700-dwt Seapacis (built 2005). Penfield Marine, headquartered in Connecticut, expands its global footprint by opening an office in Singapore. Monitor construction activities. Concord Maritime is pleased to announce the addition of Chartworld Maritime's 114,809-dwt Aframax 'Star Osprey', Samsung-built 2003, to the Dakota Tankers pool. Contact. From its offices in Connecticut, London, and Singapore, Penfield provides shipping services to a wide array of clients, which includes chartering customers (major oil companies and oil traders), pool members, and shipping investors. The 104,707-dwt Phoenix Alpha (built 2003) will become the seventh in Penfields aframax pool. We make every effort to build long lasting relationships in the industry that are formed upon a foundation of integrity and transparency. Call us on +44 20 3026 5555 or email info@vesselsvalue.com Aifanourios Penfield Marine LLC Bunkering at Gibraltar . Related posts. Unlike the bigger ships, the aframax market is going into the fourth quarter in a slump, with the Baltic Exchanges aframax time charter index down almost 50% from its October peak. The increase fits Penfields goal of controlled growth on the aframax side while keeping its pool of panamaxes relatively stable between 25 and 30 vessels, chief executive Tim Brennan said this week. EXTENDED RETURNS UNTIL 15TH JAN 2023. N2Tankers brings the shipowning and operational expertise of Nissen Kaiun and Reederei Nord under one central umbrella administration for the first time. Actual We use cookies in a variety of ways to improve your experience, such as keeping NHST websites reliable and secure, personalising content and ads and to analyse how our sites are being used. It operates more than 50 tankers. We aspire to provide our pool partners with the best returns possible and exceed their expectations on transparency, integrity and performance. We take pride that the Teekay logo on our funnel is an industry-respected symbol of quality. The other additions come from two existing members, Valles Steamship contributing a second aframax, the 105,700-dwt Seasenator (built 2007) and Wah Kwong Maritime Transport delivering the 112,200-dwt Wisdom Venture (built 2017). As a true owner we manage our vessels . PERENCO SA. Our flexible membership offerings are set up to meet anyone's budget. Penfield was set up in 2012 and runs panamax, aframax and suezmax tanker pools. (From left) Penfield Marine partners Eric Haughn and Tim Brennan with newly recruited business development director Glenn Gronseth Photo: Penfield Marine Penfield taps Hong Kong for aframax pool . July 2019 Nan Fung Shipping Limited of Hong Kong enters as a partner in Penfield Tankers ( Aframax) pool with the delivery of the M/T China Dawn. Penfield's greatest growth was in its newest pool for suezmaxes. We are very pleased to welcome our newest pool partner, Performance Shipping Inc., to the Aframax Pool with the delivery of the M/T P. Sophia (2009-built/105,071 DWT) and the M/T P. Kikuma (2007-built/115,915 DWT). We are pleased to announce the formation of the new V8 Plus Pool (over 15 year old Aframax Pool), this will sit alongside our current V8 Pool (max 15 years) and brings the total number of Aframax vessels under the commercial . TradeWinds is part of NHST Global Publications AS and we are responsible for the data that you register with us, and the data we collect when you visit our websites. As TradeWinds has reported, New York-listed International Seaways committed 11 units acquired in its takeover of Diamond S. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For. Has been assessed by Dynamar. We have 29 ships and 13 partners and were happy with that, he said. Continue on Penfield United Kingdom. Eric Haughn & Tim Brennan Founders, Penfield Marine Integrity and transparency are our hallmarks With insightful features to assist commercial and investment banks, private equity, investment and hedge funds, shipowners and operators, lawyers and more the VesselsValue system is a strong companion for your business. 1985 Baird Road - Penfield, NY 14526 (585) 340-8655 Hours: Monday - Friday 9:00 AM-5:00 PM. Pool. Key Principal: Tim Brennan See more contacts Industry: Freight transportation arrangement Printer Friendly View Address: 200 Pequot Ave Southport, CT, 06890-1371 United States Phone: ? Website: www.penfieldmarine.com Employees (this site): ? It will . N2Tankers brings the shipowning and operational expertise of Nissen Kaiun and Reederei Nord under one central umbrella administration for the first time. James received a MBA degree from The Wharton School at The University of Pennsylvania. Collect permit and pay fee (s) from Town Clerk Office. Published by Tradewinds in Tankers, (from left) Penfield Marine partners Eric Haughn and Tim Brennan with newly recruited business development director Glenn Gronseth. Penfield Town Supervisor Marie Cinti will be taking an 8-week leave of absence from her position to care for a family member who has recently become ill. Read More. On the aframax side, we ended 2017 with seven ships and four partners, and now were at 10 ships and six partners. Contact Town to schedule required inspection (s) at each phase of the project. We aspire to take care of our people and their families. Valles entered the 107,000-dwt Seanostrum (built 2002) in mid-May. Mar 2022. The experienced, seasoned, and global team at Penfield Marine LLC offers the best commercial management for the oil tanker industry. Penfield Tankers (panamax) LLC Website Get a D&B Hoovers Free Trial Overview Company Description: ? Brennan also confirmed that Greek owner Hellenic Tankers has joined with the 73,600-dwt LR1 Ambassador and LR1 Carrier (both built 2007), bringing the panamax pool to 27 vessels. Shop at Penfield USA. Signal's Aframax & MR2 pooling platform offers superior TCE performance, dynamic & fair earnings distribution, along with maximum flexibility to enter & exit. . The 104,707-dwt Phoenix Alpha (built 2003) will become the seventh in Penfield's aframax pool. May 2022. OF THE Brennan says theres a lot of interest in growing its aframax pool. PENFIELD MARINE LLC. Connecticut-based Penfield Marine is opening a new front in the Hong Kong market with the addition of two new pool members. Penfield Penfield Bear Chest Print Mens Short Sleeve T-Shirt - Bright White 17.00 25.00 (Save 32%) Loading Live Stock. If we do that, then the rest will take care of itself. Penfield's panamax pool currently has 33 vessels from 12 different partners, while the aframax pool has 21 units from 14 members. Inspect project or construction site. I think it will certainly be a growth area for us and we admire the values of the local shipping community, Gavarone said. For more information and how to manage your privacy settings, please refer to our privacy and cookie policies. (SCM). Brennan and partner Eric Haughn, chief operating officer, are former executives of nearby Heidmar, a large pools operator that has its US headquarters in Norwalk, Connecticut. FORM 6-K. REPORT OF FOREIGN PRIVATE ISSUER. Penfield Marine continues a gradual build-up of its aframax pool with three tankers scheduled to deliver this week. This vessel operates in or is excepted to operate in, the Scorpio MR Pool, or SMRP. Penfield Sport and Fitness is a premier athletic club located in Penfield NY. PURSUANT TO RULE 13A-16 OR 15D-16. Gavarone explained in a telephone interview that Penfield began its efforts when he visited Hong Kong for the first time in September 2014. Penfield Marine @PenfieldMarine. 2019. 3. The. . Penfield's panamax pool currently has 33 vessels from 12 different partners, while the aframax pool has 21 units from 14 members. tanker_aframax_85_125_k_dwt. The vessels will join the Signal Maritime Aframax Pool with immediate effect. NAVIG8 ASIA PTE LTD. NAVIG8 EUROPE LTD. NAVIGATOR TANKERS MANAGEMENT S.A. . It has 29 at present, up slightly from 27 in December last year. The Norwalk, Connecticut-based operator says this is the world's largest Aframax pool, including 18 participants and vessels with an average age of 6.5 years. Says Brennan Were happy to have Hellenic as a partner and were content for the pools size to remain within that range.. Read More. Signal Maritime Aframax Pool Ltd. Has been assessed by Dynamar. N2Tankers brings the shipowning and operational expertise of Nissen Kaiun and Reederei Nord under one central umbrella administration for the first time. The surrounding pool deck provides tables for dining from our walk-up snack bar, as . Valles Steamship and Wah Kwong Maritime Transport have agreed to enter one tanker each into Penfields growing aframax pool, Penfield founders Tim Brennan and Eric Haughn told TradeWinds in an interview near the companys offices in Fairfield. Full voyage and earnings transparency through Heidmar's eFleetWatch digital platform. Best Penfield Hotels with a Swimming Pool on Tripadvisor: Find 435 traveler reviews, 200 candid photos, and prices for hotels with a swimming pool in Penfield, New York, United States. page-template-default,page,page-id-28438,page-parent,page-about,ajax_fade,page_not_loaded,,vertical_menu_enabled, vertical_menu_transparency vertical_menu_transparency_on,wpb-js-composer js-comp-ver-6.4.2,vc_responsive. SECURITIES AND EXCHANGE COMMISSION. WASHINGTON, D.C. 20549. Previously, James was the Manager, Risk Managemen t at Heidmar. James Knowles is the Chief Financial Officer at Penfield Marine based in Southport, Connecticut. Sep 9, 2019. Penfield Marine is growing its aframax pool with the latest addition from Piraeus-based Phoenix Energy Navigation. About a year ago, OSG placed the 112,000-dwt Overseas Josefa Camejo and Overseas Fran (both built 2001) and Overseas Yellowstone and Overseas Yosemite (both built 2009) into Sigma. - Equasis provides safety related information on ships and companies. Were happy with the size of the panamax pool. February 2019 Penfield moves offices to 200 Pequot Avenue in Southport, Connecticut. Praesidium International can deploy on a moment's notice the necessary assets to support you. Our athletic facility offers cardio, weight training, pool, and group workouts areas. Penfield is in talks with other owners for potential additions in the coming quarters, Our goal is more aframax tankers, but to grow the pool slowly, Brennan said. Jun 2022. Penfield Marine continues a gradual build-up of its aframax pool with three tankers scheduled to deliver this week. - You only need to register as a user. click here. ORDER BEFORE 8PM FOR SAME DAY DISPATCH. But we would like to see similar growth in the aframax segment.. Heidmar is the original 3rd party pool manager with almost 40 years of experience with a global presence. The increase fits Penfields goal of controlled growth on the aframax side while keeping its pool of panamaxes relatively stable between 25 and 30 vessels, chief executive Tim Brennan said this week. M/T Star Osprey to join Dakota in October. Table of Contents. We aspire to deliver our customers cargoes safely, on time and at competitive rates while exceeding their expectations on service. NAVIG8 ALPHA8 POOL. The company has been building its bench this year, but mostly on the smaller tankers. From its offices in Southport, Connecticut and London, England, Penfield provides shipping services to a wide array of clients that includes chartering customers (major oil companies and oil. 2021. Eletson. Our focus is to seek exceptional business partners with a similar mindset and a unified goal of serving each and every client to highest possible standard. Teekay is the largest operator of mid-sized tankers including suezmax, aframax, and long range two (LR2) vessels. If you have questions regarding any of Penfield's Athletic programs, please reference the pages at left or contact: Marybeth Walker, Athletic Director (585) 249-6735 mwalker@penfield.edu 2020. Penfield said it believes that this is the first carbon-neutral freight offering from a freight pool operator globally. Box 900 Penfield, NY 14526 (585) 249-5700 Fax: (585) 248-8412. site map. We aspire to give back to the communities we live and work in, as well as to those charities that are close to our hearts. Feb 2022. Chief executive Tim Brennan says 'We are pleased to have Phoenix join our pool. Phoenix will be Penfields fourth partner in that segment. Jul 2022. ACCORD MARITIME CO SA. The new MR pool will benefit from Signal Maritime's experience of managing clean tankers as well as utilising its cutting edge technology platform Signal Ocean. Aug 2022. It looks like you're visiting us from outside United Kingdom. Penfield Central School District P.O. Period. The other venture is Penfield Tankers, headed by former Heidmar CEO Tim Brennan. Reederei Nord and Synergy Group, on behalf of Nissen Kaiun, have officially launched N2Tankers, a new Aframax tanker pool the two shipowning companies have set up as a joint venture. And now, two of the most respected members of that community have trusted us with their ships. They were joined by Glenn Gronseth, who has been hired as Penfields business development director after 28 years at Connecticut pool operator Heidmar, where he most recently was managing director for projects. However, we cannot, do not, and will not, rest on how good our service is today; instead, we focus relentlessly on how we can make it better tomorrow. Sign up for the PENREC Newsletter! The V8 Plus Pool, created earlier this month . The additions will build its aframax fleet to 15 vessels contributed by nine partners, up by half from 10 tankers and six members since the start of the summer. YTD 2022. Were hopeful this will lead to more business with other local owners., Penfield Marine | Penfield taps Hong Kong for aframax pool partners, post-template-default,single,single-post,postid-29350,single-format-standard,post-penfield-taps-hong-kong-for-aframax-pool-partners,ajax_fade,page_not_loaded,,vertical_menu_enabled, vertical_menu_transparency vertical_menu_transparency_on,wpb-js-composer js-comp-ver-6.4.2,vc_responsive, Penfield taps Hong Kong for aframax pool partners, Penfield Marine swoops on 11 International Seaways suezmax tankers, Press Release: Penfield Marine and Macquarie Group execute carbon neutral voyage, Penfield Marine teams with Macquarie on first carbon-neutral voyage, Dalian Shipbuilding delivers third Yuan Suezmax tanker to COSCO, Penfield Marine steps up suezmax pool with Cosco newbuildings. Gronseth was most recently managing director for projects at Heidmar, where he spent 28 years. Editor's note: US District Judge Mary Ann Vial Lemmon dismissed the litigation against the owners of Mariner Shipyard in April 2010. 2. From November 1st NHST Media Group is responsible for controlling your data on TradeWinds. EN. Penfield Its panamax tanker pool now sits at 28 ships and 13 pool partners. Jan 2022. Valles Steamship and Wah Kwong Maritime Transport have agreed to enter one tanker each into Penfield's growing aframax pool, Penfield founders Tim Brennan and Eric Haughn told TradeWinds in an interview near the company's offices in Fairfield. Penfield Marine continues a gradual build-up of its aframax pool with three tankers scheduled to deliver this week. sale. Today we manage more than 30 Aframax / LR2 vessels, and provide our partners with a global trading portfolio that includes a lucrative blend of dirty and clean trading. But this is the kind of market they pay us for., Penfield Marine | Phoenix puts tanker in growing Penfield pool, post-template-default,single,single-post,postid-29254,single-format-standard,post-phoenix-puts-tanker-in-growing-penfield-pool,ajax_fade,page_not_loaded,,vertical_menu_enabled, vertical_menu_transparency vertical_menu_transparency_on,wpb-js-composer js-comp-ver-6.4.2,vc_responsive, Phoenix puts tanker in growing Penfield pool, Penfield Marine swoops on 11 International Seaways suezmax tankers, Press Release: Penfield Marine and Macquarie Group execute carbon neutral voyage, Penfield Marine teams with Macquarie on first carbon-neutral voyage, Dalian Shipbuilding delivers third Yuan Suezmax tanker to COSCO, Penfield Marine steps up suezmax pool with Cosco newbuildings. Having worked with Tim Brennan and Eric Haughn for more than 25 years, I can vouch for their integrity, values, honesty and transparency. A slim majority of the Taurus vessels are already trading dirty and we have a couple of decisions on ships coming open soon. Penfield Marine | Penfield continues steady build-up of aframax pool, post-template-default,single,single-post,postid-29443,single-format-standard,post-penfield-continues-steady-build-up-of-aframax-pool,ajax_fade,page_not_loaded,,vertical_menu_enabled, vertical_menu_transparency vertical_menu_transparency_on,wpb-js-composer js-comp-ver-6.4.2,vc_responsive, Penfield continues steady build-up of aframax pool, Penfield Marine swoops on 11 International Seaways suezmax tankers, Press Release: Penfield Marine and Macquarie Group execute carbon neutral voyage, Penfield Marine teams with Macquarie on first carbon-neutral voyage, Dalian Shipbuilding delivers third Yuan Suezmax tanker to COSCO, Penfield Marine steps up suezmax pool with Cosco newbuildings. Apr 2022. The Home of the Patriots! Praesidium International's Risk Management and Land Security solutions are custom tailored on the client's needs and expectations, all while safeguarding personnel, infrastructures, operations and other valuable assets and investments. The Penfield is also an ideal location for a quick and easy commute to multiple employers, with Fairview St Joseph's Hospital, Regions Hospital, and the State of Minnesota Government Campus only blocks away. This year has been challenging and most owners expect 2018 to be challenging, Brennan said. Vessels managed by these Shipmanagers. Wah Kwong, also Hong Kong based, is expected to deliver the 112,000-dwt Unity Venture (built 2017) in June. Welcome to Equasis, a public site promoting maritime safety and quality. Contact Us Rich Culture & History Keep in mind, a typical home in the area spends an average 55 days on the market and has a . . There are 37 listings in Penfield, NY of houses with swimming pool available for you to browse and visit. Welcome to the Penfield Central School District Athletic Department. NHST Media Group is the leading news provider in the shipping, seafood, and energy industries, with a number of English- and Norwegian-language news publications across a variety of sectors. The addition will increase the Dakota fleet size to ten vessels contributed by four partners including. Reederei Nord and Synergy Group, on behalf of Nissen Kaiun, have officially launched N2Tankers, a new Aframax tanker pool the two shipowning companies have set up as a joint venture. TradeWinds is part of NHST Media Group. Our extensive experience, and team of seasoned professionals, allows us to understand the challenges of international shipping operations and what it takes to succeed. We have been made to feel welcome there from the beginning, even before we were doing any business. To read more about NHST Media Group, Signal's Artificial-Intelligence-backed solution to pool management has consistently delivered superior earnings to its pool members since its launch in 2018. PERENCO CONGO SA. Original members included Atlas Maritime of Greece and Emarat Maritime of Dubai. The additions will build its aframax fleet to 15 vessels contributed by nine partners, up by half from 10 tankers and six members since the start of the summer. Equasis is a tool aimed at reducing substandard shipping. Brennan and Haughn are both former Heidmar executives and have known Gronseth for more than 25 years. No matter where oil is produced or where it needs to go, we get it there safely and reliably. Commercial management of 18 Aframax vessels in Heidmar's Sigma Pool will be handled by Signal with immediate effect, with a transition period of one month. Valles, a Hong Kong-headquartered shipowner, entered the 107,000-dwt Seanostrum (built 2002) in mid-May. SHTP is a Scorpio Pool and is operated by Scorpio Commercial Management S.A.M. Signal Maritime Aframax Pool Performance. The voyage that Penfield has offset was performed by the Seaways Hatteras, a vessel owned by International Seaways. Penfield Penfield Arc Mountain Back Graphic Mens Short Sleeve T-Shirt - Blue Wing Teal 24.00 35.00 (Save 31%) Loading Live Stock. We think it ultimately could become a little bit bigger than the panamax pool because its a bigger market.. I really liked what I saw, Gavarone said. Our new Aframax at NOLA Columbia Shipmanagement Trafigura This goal lets us focus solely on delivering unprecedented value and opportunity for our customers, investors and pool partners. Penfield Marine looks to expand in aframax space US owner has boosted its head count and panamax presence while aiming for up to 30 aframaxes within three to five years 19 June 2015 0:00 GMT which stayed anchorage for short period @ Las Palmas #Chartworld, #Hafnia Pool, #Vgroup ARUN KUMAR. March 27, 2019 Heidmar's Sigma Aframax Pool, founded in 2004, remains the world's the largest 3rd party Aframax Pool. Were not really interested in growing our panamax pool. But Penfields mix of spot and contract-of-affreightment business should keep its pool busy, Brennan said. 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