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Target's current in-water fleet comprises of two supramax bulk
carriers whilst two kamsarmax
bulk carriers are due for delivery by the end of
2011. The tankers that have been built and delivered to Target Group
are commercially managed by Horizon Tankers, an affiliated company specializing in
the operation of tanker vessels. Horizon's fleet currently includes six MR
product tankers built at SPP Shipbuilding in 2007/8, two panamax ice class
product tankers built at STX Shipbuiling in 2007/8 and three Suezmax
tankers built at Samsung Heavy Industries in 2011 (one more Suezmax due
for delivery in august
2011). | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||