Marinvest fuels up on more methanol carriers

Marinvest Shipping from Sweden is in for more methanol carriers. The ship investment vehicle has been identified by brokers as the party behind an order for two 50,000 dwt tankers at Hyundai Mipo Dockyard in South Korea. The dual fuelled ships will deliver in late 2019 and early 2020. No price has been revealed for the new ships.

Marinvest is a private shipmanager serving investment groups that are part owners of product and chemical tankers. Holdings include investments in tankers of approximately 75,000 dwt, chemical tankers between 20,000 to 50,000 dwt, a developing coastal shipping company as well as investments in both listed and unlisted instruments. Its methanol fleet currently numbers five in the sea.

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.
Back to top button