Year | Fleet owned (dwt) (000) | Remarks | Year | Fleet owned (dwt) (000) | Remarks |
1966 | established |
| 2004 | 32 ships, 1.69 m | - |
1969 | 16 (one tanker) | Crude oil | 2006 end | 1.79 m 27 ships; ordered 6 × 52 (312) chemical tankers | Entry to chemical tankers |
1981 | 210 (7 product tankers) | Dirty oil products | 2007 | ~320 (4 Panamax) ordered | Product carriers |
1983 (a shipbuilding program) | 149.5 ordered (5) | Product carriers | 2008-mid | 1.79 m |
|
1986 (technology syndrome) | Double-hull of 46 each, ordered | 3 - 4 years before USA law-oil pollution act-1990! | 2009 | shipbuilding turned to LPGs with 35 k cbm | LPG |
1989 | 19 (12 d.h. & 7 s.h.) ordered | Product carriers | 2011 | 3 LR1 tankers ordered |
|
1992 | 1.17 m (450, 15 handy & 9 Panamax 720, p. c.d.h.) | 1993 bond issue $140 m maturing 2003 | 2013 | 44.5 cbm ordered (1 LPG 20.5 cbm & 2 × 12 cbm). | Another bond issue of $300 m maturing 2022 |
1999 | 152 (2 used tankers of 76 each) bought | 2nd hand | 2014 May | 1.90 m | - |
2000 | ~265 (2 p.c. Panamax + 1 Aframax 105 for the 1st time) ordered | 15.14 m mt transport of oil products | 2015, received 12 cbm LPG/LEG, 4 Aframax × (~400 k) and 4 × 12 cbm. | 1.93 m of 29 ships; 15 chemical tankers of 305,940 cbm | Double hull |
2001 | 211 ordered; (2 × 105.5) | Owned 1.13 m in Sept. 2001 | Deaths in 2001, 2003, 2012, opened the door to company’s 2nd generation | EL got rid early of single hull tankers | Source: company’s booklet 2001 and internet site |