Team Tankers completes Laurin acquisition

Team Tankers completes Laurin acquisition

Team Tankers International has completed its acquisition of Laurin Shipping and Anglo-Atlantic Steamship Company.

The deal, which involves a series of transactions worth around $206m, takes the Team Tankers fleet to 52 vessels.

Team Tankers announced the deal with the Laurin-family controlled companies in February citing the need for consolidation in the chemical tanker industry.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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