30.09.2012 - FS Philippine is given to STM for Commercial Management.
Swiss Tanker Management (STM) has been entrusted with a new tanker on commercial management from Tilan Commercial Ltd.
M/T FS Philippine, built April 2005, will be delivered in Malta by the end of the week.
STM is the commercial management arm of the Riverlake group. It represents the ideal tool for clients who wish to increase their shipping exposure or more simply, want to enter the shipping industry without the tools and/or the knowledge to do it. STM ensures clients’ vessels are optimised in terms of price, position and quality in order to maximise returns. It is STM strategy to increase its portfolio of clients and number of ships on management.
