Union Maritime adds another aframax

Union Maritime adds another aframax

Union Maritime has been linked by brokers to the acquisition of 2004-built aframax HS Tosca from Germany’s Hansa Treuhand.

The deal, around the mid-$13m mark, makes sense given recent moves made by the UK-based company.

In September, Union did a deal with BP to buy eight aframaxes. The en bloc deal fell through, but the company still managed to pick up three of the vessels (British Cormorant, British Gannet and British Robin) according to VesselsValue.

The HS Tosco will become the fifth aframax in the Union Maritime fleet.

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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