IMC eyes chemical tanker newbuilds

Singapore-based IMC is eyeing up chemical tanker newbuilds. Kenny Rogers, who heads up the Tsao family’s chemical transportation logistics division, speaking with SplashTV, said: “In the next 12 months we are going to evaluate the potential for newbuild ships.” He added: “We’re confident prices will be attractive to build so long as there is not too much saturation.”

IMC has a fleet of 28 chemical tankers at present.

Rogers said he was “quite bullish” on prospects for the sector this year with freight rates “steadily going up”.



Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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