ADS Crude Carriers Plc’s business is to own, charter out and operate tanker vessels. The Company currently owns two Very Large Crude Carriers (VLCCs) and is awaiting delivery of a third vessel, scheduled for delivery on 10 September 2018. The vessels are built at first class Japanese yards and are “sister vessels,” enabling high operating efficiency. ADS Crude Carriers will be managed by well-established shipping investor and manager Arendals Dampskibsselskab AS. The vessels will be commercially managed by world leading tanker owner and operator Frontline Ltd, and be under technical management of OSM Maritime Group. ADS Crude Carriers’ aim is to be a preferred provider of competitive tanker vessel services to quality charterers, offering a fleet of high technical standard compliant with new environmental regulations and with a strong market presence.