Sea Oil is an experienced vessel owner and chartering company controlled by Mr. Alf Aanonsen. Mr. Aanonsen, originally from Norway, has a long and successful history in the ownership and operation of vessels transporting crude and petroleum products dating back to 1999. Sea Oil has built a fleet of 14 owned ships (Panamax tankers) and a successful chartering operation managed which globally transported over 150,000,000 barrels of crude and petroleum products over 500 voyages. The fleet was successfully sold at the height of the market between 2007 and 2008. Mr. Aanonsen has concluded that after a long decline in the petroleum fleet transport business, there is now evolving a restructuring of crude trade patterns that will drive increased demand for the global crude tanker fleet.