About Altera Norway Marine AS

ABOUT US

Altera Norway Marine AS is one of the very few global shipping companies that is fully integrated. Ship Management offers complete in-house services. All our operations depend on the condition of our vessels and the expertise of our employees on board and on shore. It is imperative that the fleet is managed and operated to the highest standard at every step. Integrated processes promote safe, reliable and efficient operations. Altera Norway Marine AS Management handles crewing, QHSSE, technology support and digital innovation, newbuilding, energy efficiency solutions and overall fleet management. Of the total fleet of +/- 90 vessels, Altera Norway Marine AS has around 50 in technical management.

ALTERA NORWAY MARINE AS

The safe, reliable and efficient shipping and storage of crude oil is of great importance to the world. With that in mind, Altera Norway Marine AS positions itself as a leading provider of quality services thanks to its modern fleet combined with the professionalism of one of the most experienced crews worldwide.

Altera Norway Marine AS operates the majority of its VLCC fleet in the TI Pool. A number of its VLCC vessels are chartered out on long term.

By participating in a pool, Altera Norway Marine AS and its customers benefit from the economies of scale inherent to such arrangement. Furthermore, the pool has been able to enhance vessel earnings by improved utilization (increased proportion of laden days versus ballast days) through use of combination voyages, contracts of affreightment and other efficiences facilitated by the size and quality of its modern VLCC fleet.