Through Ultratank, Ultranav operates a modern fleet of stainless steel chemical carriers of 20,000 dwt. These vessels are employed in various trades between North-, Central- and South America carrying a vast range of products including organic chemicals such as methanol and ethanol, as well as inorganic chemicals such as sulphuric acid and caustic soda, and other liquid cargoes in bulk such as vegetable and animal oils.
Ultranav is internationally active in the clean petroleum products sector through the ownership and operation of MR (medium range) tankers (40,000-55,000 dwt). Through Clean Products Tankers Alliance (CPTA), a joint venture with a reputed international tanker owner, we operate a fleet of IMO-type tankers mainly in the Americas, commercially managed by our subsidiary PTMC in Miami, USA.
Ultranav is active in Panamax tankers through Panamax International (PI), which is a joint venture with two international ship owners, operating vessels between 60,000 to 75,000 dwt. In addition, Ultranav is also active the Aframax tanker segment, operating vessels ranging between 100,000 and 120,000 dwt. Both trades are concentrated mainly in the Americas. These activities are commercially managed by Cape Tankers in Miami, USA.