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Operations

Independent Tankers Corporation Limited (Bermuda) is a holding company that through Independent Tankers Corporation (Cayman Islands) owns three holding companies, each of which owns or leases modern tanker vessels that have been bareboat chartered to BP Shipping Limited or Chevron Transport Corporation on long term charters.

All vessels are financed through bonds and some of the vessels are also subject to lease arrangements.

ITCL purchases all necessary management related services from Frontline.

 

 

 

 

 

 

 

 

 

 

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