Dubai
Uptown Tower – Commercial base
Proximity to trading houses, refiners, owners and banks in DIFC, JLT and DMCC, with direct access to charterers fixing AG-centric cargoes.
About Reedham Shipping FZCO
Reedham Shipping FZCO is an owner-led commercial platform focused on value-driven employment of LR2 and MR tankers, combining oil major chartering insight with brokerage execution.
From Uptown Tower Dubai, Reedham Shipping connects tanker owners, commodity traders and refiners across the Arabian Gulf, Indian Ocean and East-West routes.
- 18+ years in spot & period chartering for oil majors and trading houses.
- Hands-on commercial management for both owned and third-party LR2/MR tonnage.
- Deep familiarity with AG, Red Sea, Med, Atlantic Basin and Far East product flows.
- Strong relationships with charterers in Dubai, Fujairah and Singapore.
Why owners work with us
Commercial edge
Real-time market feel across AG/East & West of Suez, with practical tanker operations know-how.
Transparent
Clear reporting, open book approach and alignment on risk, reward and charter party terms.
Owner mindset
Decisions taken as shipowners, not intermediaries – preserving asset value and reputation.
Services
Commercial management and advisory for LR2 and MR tankers, tailored to individual owners, investors and trading desks.
Commercial Management & Ownership Support
End-to-end commercial coverage for time-charter and spot-trading LR2 and MR tonnage.
- Cargo program design and voyage selection for CPP, DPP and fuel oil trades.
- Negotiation of spot, COA and period charters with oil majors and traders.
- TCE and P&L tracking, performance benchmarking and bunker consumption review.
- Charter party drafting, rider clauses and vetting-friendly employment structures.
Market Advice & Asset Strategy
Independent perspective on where and how to position your tanker exposure.
- LR2 vs MR exposure strategy across AG/India, Singapore and Atlantic basins.
- Time-charter coverage recommendations and period vs spot balance.
- Input on S&P timing, newbuild vs resale vs older tonnage plays.
- Benchmarking against Baltic routes, FFA curves and refinery flow changes.
Fleet Focus – LR2 & MR Tankers
Reedham Shipping’s sweet spot is modern LR2 and MR vessels trading clean and dirty products across key refining hubs.
Example LR2 deployment: long-haul AG → Europe / US Gulf clean & crude routes, leveraging refinery dislocation and storage plays.
While Reedham Shipping can advise across the tanker spectrum, our core focus is:
LR2: 105–120k DWT
MR: 45–55k DWT
CPP / Gasoil / Naphtha
Fuel Oil / Crude
- Clean LR2s in AG – East/West programs.
- Eco MRs trading AG–India, East Africa, Red Sea and cross-regional trades.
- Ad-hoc consultancy for investors looking at LR2/MR acquisitions or divestments.
Key Trading & Operational Hubs
Our coverage mirrors where our clients trade: Dubai for decision-makers, Fujairah for bunkers and storage, Singapore for Asia-Pacific flows.
Fujairah
Bunkers & storage
Key bunkering and storage hub outside the Strait of Hormuz, influencing LR2/MR routing, lay-by, blending and floating storage strategies.
Singapore
Asia-Pacific crossroads
Refinery and trading centre for East of Suez flows, with active LR2/MR demand into North Asia, SE Asia and Pacific markets.
Contact
For vessel discussions, market views or asset strategy around LR2 and MR tankers, please reach out directly.
Principal
William Berney
Owner & CEO, Reedham Shipping FZCO
Registered office
Reedham Shipping FZCO
Uptown Tower, Dubai, United Arab Emirates
Please note: this site is informational only and does not constitute an offer to sell securities or provide regulated investment advice.