TRUST TRANSPARENCY ACTION

Incorporated in early 2009, WOMAR began as a 50/50 joint venture between Heidmar, Inc and other investors. Headquartered in Singapore, we operated the Marida Tanker Pool (10-14kdwt Coated IMO II Tankers) and later expanded our partners to include other tanker pools – Stainless Tanker Pool (19-25kdwt Stainless IMO II ships) and Sakura Tanker Pool (Aframax Tankers).

In April 2014, we marked a new milestone when BW Group acquired Heidmar’s 50% stake in WOMAR. The Group made a purchase of 11x 20kdwt Stainless Steel IMO II chemical tankers, entrusting the commercial management of the entire fleet to WOMAR.

In Sep 2019, Clear Ocean Partners https://www.clearoceanpartners.com/investments (formerly known as FDX Offshore) acquired Womar. The purpose of the Womar/Clear Ocean relationship is to build the best independent pool operator in the shipping industry. Anchored in Womar’s current chemical tanker pools, the partnership intends to both expand its chemical tanker & product tanker pools by adding Orca Tankers Pool (25- 29k DWT IMO II ships) and Denali Tankers Pool (30- 40k DWT ships) as well as initiate and grow independent pools in other classes of ships.

Today, we continue our founding quest as specialists in the commercial asset management of chemical and oil tankers. We trade worldwide with a focus on chemicals, vegetable oils, clean and dirty petroleum products and crude oil.