Did you know

Cape Tankers is a important
global player in the transportation
of crude oil and DPP


Cape Tankers manages
activities for Panamax International

Cape Tankers

In Cape Tankers we are committed to providing our clients with high performance, flexible and reliable transportation services.

Cape Tankers was incorporated in 1995 and has grown to become an important global player in the transportation of crude oil and dirty petroleum products (DPP). Since 2005 it has managed all commercial and operational activities for Panamax International (PI). The fleet is managed from offices in Miami, USA and includes both Panamax and Aframax vessels, comprises of some 30 to 40 units.

Cape Tankers highlights

Call to Action for Shipping Decarbonisation

We believe that shipping must and can decarbonise fully by 2050, and we are taking concrete action towards this goal. But to match the urgency of the climate crisis, we need the support of governments now. Ultranav joins the Call to Action for Shipping Decarbonisation launched by Global Maritime Forum.

Panamax International

Panamax International was established in 2005 as a joint venture by Ultranav, International Seaways and EP Flopec. The fleet consists of around 30 double hull Panamax Tankers/LR1.

Decarbonisation of the shipping industry

Cape Tankers is committed to a cleaner future and we strive to play an active role in exceeding IMO’s mandatory targets of reducing CO2 intensity by at least 40% until 2030 and total GHG emissions by 50% until 2050.

Part of Ultranav

Cape Tankers is part of Ultranav, a privately owned shipping company with offices in 19 countries. Through twelve business units, we operate in five market segments: Tankers, gas, dry bulk, coastal trades, and towage & offshore. We operate a fleet of gas and chemical carriers, tankers for crude oil and clean petroleum products, bulk carriers, feeder container ships, multipurpose vessels, harbor tugs, PSVs, AHTS, pusher tugs, barges and pilot boats.

Ultranav businesses


Cape Tankers is part of the large and diversified shipping group Ultranav, founded in Chile in 1960 by Captain Albert von Appen.