Founded in 2012 by Tim Brennan and Eric Haughn, Penfield Marine LLC ("Penfield") is a boutique commercial management company operating tankers around the world in their Panamax/LR1 and Aframax/LR2 pools. From its offices in Southport, Connecticut and London, England, Penfield provides shipping services to a wide array of clients that includes chartering customers (major oil companies and oil traders), pool members and shipping investors.