Eastern Ocean Tankers Limited - Previously known as The Hong Kong and Eastern Shipping Company Limited (HESCO)
Eastern Ocean Tankers Limited - began in 1946 as the Hong Kong and Eastern Shipping Company Limited (Hong Kong Company Number 0001826) or HESCO. The company was formed to act as the shipping and trading subsidiary of Messrs Scott & English Ltd, a Singapore based trading house established in 1940. Hong Kong and Eastern Shipping Company Limited initially used chartered in tonnage to ship cargoes of timber, coal and iron ore before progressing into the developing crude oil markets. In 1972 Scott and English Ltd sold 50% of Hong Kong and Eastern Shipping Company Limited formed a joint venture with Eastern Overseas Shipholdings Limited and the company was renamed Eastern Ocean Tankers Ltd. The full historical background of the company is available elsewhere on this website.
Today the company, which is now known as Eastern Ocean Tankers Limited, has evolved to a company that exists to provide shipping and logistics services that allow energy companies and trading houses to ship their cargo as safely a possible within the parameters set out by the shipping industry.
Eastern Ocean Tankers Limited provides seaborne logistical support to the smaller oil and energy companies, independent traders and niche market suppliers of oil, gas, bitumen (asphalt), molasses, palm oil and petrochemical. Eastern Ocean Tankers often books in own cargoes and COAs (contracts of affreightment) on the company's own account.
Eastern Ocean Tankers is committed to providing reliable transport of liquid cargoes by sea. To go the extra mile in order to meet our clients requirements and to conduct its operations in a manner which protects human health, safety, environment and property.
Eastern Ocean Tankers Ltd recognise that seaborne trade supports a unique form of trade and communication between nations and assists the development of countries. Our mission is to provide reliable shipping services for our clients without compromising on safety. Our vision is to continue to evolve and remain profitable for the foreseeable future.