Clearlake Shipping, a subsidiary of Centalion Group, is one of the largest charterers of tanker vesselsTanker Vessels: Tanker vessels are a class of large ships designed specifically for the transportation of bulk liquid cargoes. These cargoes can include various forms of oil, such as crude... More in the world. With chartering and freight trading activities in Singapore, Geneva, and Houston, the company effectively covers any chartering needs the Group or market may have at any given time.

Clearlake Shipping operates around a high-quality fleet of tankers, LPGLPG, or Liquefied Petroleum Gas, is a versatile energy source commonly used in heating appliances, cooking equipment, and vehicles. It is a flammable mixture consisting primarily of propane, butane, and... More, LNG carriers both on a spot and a time-charter basis. The company also jointly owns product tankers with a well-established owners.

Clearlake Shipping’s activities include:

• Chartering
• Freight hedgingHedging Hedging is a risk management strategy employed to offset potential losses in investments by taking an opposite position in a related asset. In the context of energy commodities trading,... More (FFA)
• Operations
• Claims handling
• Terminal safety consultations

Clearlake Shipping’s chartering and freight trading activities are based in Singapore, Geneva, and Houston. Our operations and claims are handled out of Singapore and Tallinn.