Gearbulk Integrated Report 2023 - Report - Page 66
GEARBULK
STRATEGIC OVERVIEW
HIGH HEAT
TANKERS
ACCESS TO THE
LARGEST POOL OF
HIGH HEAT TANKERS
HIGH HEAT TANKERS
High Heat Tankers was incorporated on 10th May
2018 and formed as a 50:50 joint venture between
Gearbulk and Tra昀椀gura Group Pte. Ltd. to service
the coal tar pitch, bitumen, and other specialised
high heat cargo markets.
• Operates four - six high quality
tankers ranging from 15,000 –
37,000 DWT
On 15th July 2018 the Company commenced operations and timechartered vessels
from Gearbulk (Bluebird Arrow, Hawk Arrow (contract terminated in 2020), King-
• Transports more than 400,000 MT of
liquid pitch annually
bird Arrow and Sunbird Arrow) as well as from Tra昀椀gura (Palanca Miami, Palanca
Singapore, Palanca Maputo, Palanca Muscat, The Blacksmith, Asphalt Spirit, The
Chief, The Judge, the Diplomat and The Sheri昀昀) servicing customers requiring the
specialised transport services.
HHT’s objective is to leverage the commercial, operational and technical capabilities
within Gearbulk and Puma enabling us to o昀昀er our industrial customers best in class
service levels. In addition, we provide risk management expertise and worldwide
昀氀exible, cost-e昀昀ective sustainable shipping solutions.
Read more about HHT here: highheattankers.com
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PART 3 – OUR STRATEGIC RESPONSE