Awilco Eco Tankers Holding AS is a Norwegian-based crude oil transportation provider. The Company owns and operates four 300,000 dwt crude carriers. The ships are ECO VLCC's delivered from Daewoo (DSME) shipyard in South-Korea in 2016.
With its new hull shape and eco-saving equipment onboard, the ships are among the most environmentally friendly on the seven seas. Considerably lower bunkers usage will contribute to significantly reduce emissions to both air and sea.
Awilco Eco Tankers’ commercial and operational organisation is located in Oslo, Norway. Awilco Technical Management AS has the technical management for the two ships Eco Future and Eco Seas, while Wallem Shipmanagement Limited has the technical management for the two ships Eco Leader and Eco Queen.
Awilco Eco Tankers Holding AS was established in 2014 and is 50/50 owned by Awilco Shipping AS and WLR/TRF Shipping. Awilco Shipping AS is a fully owned subsidiary of Awilco AS, the shipping and offshore arm of the Awilhelmsen Group. WLR/TRF Shipping is a subsidiary of Transportation Recovery Fund, an investment fund established by the Astrup Fearnley group and WL Ross & Co.