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”.
