About us

Tankerska Next Generation Inc. is a shipping joint stock company registered in Zadar, Croatia. TNG’s focus is on services of worldwide seaborne transportation of refined petroleum and some chemical products and intends to employ the majority of the fleet on multi-year time charters.

TNG’s fleet currently consists of six modern MR2 Product tanker vessels. There are two modern MR2 ice class product tankers (MT Velebit and MT Vinjerac; built in 2011) and four MR2 eco-design tankers (MT Zoilo, MT Vukovar, Mt Dalmacija and MT Pag; built in 2015). Total fleet capacity is 300.000 dwt, with the average fleet age which makes TNG’s fleet one of the youngest in the industry.

The main markets in which the Company operates is the international maritime transport of oil products and edible oils. Therefore, TNG provides transport services to oil majors, national oil companies, oil and chemical traders and various other entities that depend on sea transport worldwide.

The Company’s strategy is to be a reliable, efficient and responsible provider of seaborne refined petroleum product transportation services and to manage and expand the Group in a manner that is believed will enable the Company to increase its distributable cash flow, enhance its ability to pay dividends and maximize value to its shareholders.

In implementing the strategy, TNG has the strong support of the fleet manager in Tankerska plovidba, which is recognized and respected player in the tanker segment with a long and strong reputation and access to key costumers.

Tankerska Next Generation Inc. share (TPNG-R-A) was listed on the official market of Zagreb Stock Exchange (ZSE) until December 22, 2022.

Based on Art. 340, paragraphs 2 and 3 of the Capital Market Act (Official Gazette 65/18, 17/20, 83/21) and Art. 152. t. 5. in connection with Art. 158, paragraph 1 and Art. 154, paragraphs 2, 3 and 4 of the Stock Exchange Rules, the cessation of listing on the Official Market of 8,733,345 ordinary shares of Tankerska Next Generation d.d. was carried out on December 22, 2022 by Decision of the Management Board of Zagreb Stock Exchange d.d.

Given that after the implementation of the corporate action of transferring the shares of minority shareholders to the main shareholder, the Issuer of the shares has only one shareholder and does not meet the condition of distribution of shares to the public as prescribed in Art. 95, paragraphs 2 and 3 of the Stock Exchange Rules, as a condition for listing on the Official Market, the Stock Exchange issued a Decision to suspend and terminate the listing of TPNG shares.


Tankerska Next Generation Inc. was incorporated in August 2014, followed by Tankerska Plovidba contributing its 2 existing conventional MR product tankers, financial funds and one fully funded eco-design newbuild with expected delivery in Q4 2015 (MT Dalmacija).

In February 2015 other investors had the opportunity to partake in the IPO of TNG. HRK 208m (USD 31m) was raised in the process (HRK 65 per share).

The funds raised through the IPO, together with bank debt, were utilized to acquire two newbuilding contracts for MR vessels (MT Vukovar and MT Zoilo). First of two, MT Zoilo was delivered and immediately employed in April just 78 days after the IPO, while the second (MT Vukovar) was delivered and employed in July 2015.

TNG’s capital raising continued in June 2015. The management saw a good opportunity for the acquisition of another newbuilding vessel; the major shareholders contributed another HRK 104m (USD 16m) in June 2015. TNG has utilized raised funds in July and acquired the contract for a newbuilding vessel (MT Pag) which was delivered in December 2015.

Therefore, today TNG's fleet has 6 MR tankers, each with a capacity of 50,000 DWT, which amounts to a total of 300,000 dwt. Vessels of Tankerska Next Generation are employing well educated and homogeneous crew, which counts approximately 300 shipman, both on sea and land.


December 22, 2022

Cessation of listing of TNG shares on the ZSE Official Market

December 9, 2022

Tankerska Next Generation awarded the Zagreb Stock Exchange as the Top Price Gainer

September 9, 2021

TNG's shares included in CROBEX® and CROBEXtr® indices

March 15, 2021

Secured long-term loan facility agreement in the amount of USD 35.3 million

The loan agreement was concluded with the current creditor ABN AMRO Bank N.V. for a loan tenor of 5 years.

December 23, 2020

Secured long-term loan facility agreement in the amount of USD 44 million

The loan agreement was concluded with CRÉDIT AGRICOLE CORPORATE AND INVESTMENT BANK and HAMBURG COMMERCIAL BANK AG for a loan tenor of 5 years.

March 11, 2021

TNG's shares included in CROBEX® and CROBEXtr® indices

November 16, 2016

TNG awarded at Lider Invest 2016

At the Lider Invest 2016 award ceremony held at the Hotel Westin in Zagreb, the expert committee headed by Mr. Mladen Vedriš, a full time professor of University of Zagreb Faculty of Law, awarded Tankerska Next Generation (TNG) with a Special Lider Invest recognition for setting up the company and building a specialized fleet of product tankers.

December 3, 2016

Crew of MT Vinjerac awarded with a Blue Ribbon of Vjesnik for rescue at sea

October 6, 2016

Tankerska Next Generation awarded 2nd place for investor relations on Zagreb Stock Exchange

4th October 2016

TNG awarded with the Golden plaquette

for the most successful medium sized company in Zadar County in 2015

8th July 2016

TNG - 2015's dividend payout

Company’s shareholders who were registered in the CDCC as of 10 June 2016 have the right to a dividend payout in gross amount of 3.95 kn

12th December 2015

TNG received a recognition from ZSE for outstanding contribution to the development of the capital market

December 4, 2015

MT Pag delivered

On December 4, 2015 SPP Shipbuilding delivered to MT Pag.

Read the full post by clicking  LINK.

November 27, 2015

MT Dalmaciia delivered

November 27, 2015 SPP Shipbuilding ships MT Dalmatia.

Read the full post by clicking  LINK.

September 18, 2015

TPNG-R-A shares listed in CROBEX® Index

September 18, 2015 Tankerska Next Generation shares d.d. (TPNG-R-A) are included in the CROBEX® Index

Read the full post by clicking LINK.

July 30, 2015

TNG Acquires New Construction Contract for MT Pag

On July 30, 2015, the Group obtained a new construction contract for eco-design product tanker (Pag) from a Korean SPP shipyard with the funds raised through a secondary public offering.

Read the full post by clicking LINK.

July 27, 2015

MT Zoilo delivered

On July 27, 2015, the Hyundai Mipo delivered the MT Zoilo.

Read the full post by clicking LINK.

June 11, 2015

Successfully completed Secondary Public Offering (SPO)

On June 11, a secondary public offering of shares to institutional investors was completed, raising $ 15 million by issuing just over 1.5 million new shares at a price of $ 68.00 per share.

Read the full post by clicking LINK.

April 29, 2015

MT Vukovar Delivered

Delivered by MT Vukovar on April 29, 2015 from Hyundai Mipo Shipyard in South Korea.

Read the full post by clicking LINK.

March 17, 2015

TNG Acquires Two New Construction Contracts

On March 17, 2015, the Group acquired two new construction contracts for the construction of an eco-design MR product tanker, each with a capacity of 50,000 dwt from South Korean shipyard Hyundai Mipo Dockyard Co., Ltd.

Read the full post by clicking LINK.

February 12, 2015

TPNG-R-A shares listed on ZSE

On February 12, 2015, all shares, totaling 7.2 million, were listed on the Official Market of the Zagreb Stock Exchange under the designation TPNG-R-A.

Read the full post by clicking LINK.

February 5, 2015

Ended Initial Offer (IPO)

On February 5, 2015, the Initial Public Offering of Shares (IPO) ended, selling 3.2 million shares at a price of HRK 65.00 per share and raising HRK 208 million.

Read the full post by clicking LINK.

September 30, 2014

Purchase of Fontana Shipping Company and Teuta Shipping Company

On September 30, 2014, the Group acquires Fontana Shipping Company Ltd. (MT Vinjerac and MT Velebit ships) and Teuta Shipping Company Ltd. (contract for new construction of MT Dalmacija)

August 22, 2014

Foundation of society

On August 22, 2014, the Company established by Tankerska plovidba in Zadar