OMC Tankers Limited Shs Norway Depository Receipt Repr 1 Sh
OOSL:OMC36.45
NOK
-0.10
(-0.27%)
OMC Tankers Limited Shs Norway Depository Receipt Repr 1 Sh
OSL:OMC
(Euronext Oslo)
Recent
price
36.45
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yld
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ROIC.AI
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- Business
- OMC Tankers Limited is an international maritime shipping company that specializes in the ownership, commercial operation, and chartering of modern Very Large Crude Carriers (VLCCs) for the global seaborne transportation of crude oil. The company offers ocean freight and energy logistics services across several core business areas, including long-term time charters to global energy producers and national oil companies; spot market voyage charters and pool participation for spot-rate crude cargo movements; contracts of affreightment (COA) for international commodity traders and refineries; commercial and technical fleet management; and the oversight of next-generation, fuel-efficient newbuilding vessel construction programs designed to optimize operational efficiency and emissions compliance. Headquartered in Hamilton, Bermuda, and founded in 2026, OMC Tankers operates internationally across major crude oil trade lanes connecting export terminals in the Middle East, the Americas, and the Atlantic Basin to import and refining hubs worldwide. In recent corporate developments, OMC Tankers was formed and incorporated in July 2026 as a dedicated pure-play VLCC entity following a spin-off and demerger from Bruton Limited, through which Bruton transferred its eight VLCC newbuilding contracts to the company and distributed shares to its existing shareholders on a one-for-one basis. On August 28, 2026, OMC Tankers completed its public debut on Euronext Growth Oslo under the ticker symbol OMC, represented by Norwegian Depository Receipts (NDRs) under ISIN NO0013759159. The company has established its executive leadership under Chief Executive Officer Lars-Christian Svensen and is actively managing the construction of its initial fleet of eight eco-spec VLCC newbuildings contracted with New Times Shipyard and Yantai CIMC Raffles in China, with vessel deliveries scheduled between the first quarter of 2028 and the third quarter of 2029.