Union Maritime’s MR charge continues with fourth acquisition this month

Union Maritime’s MR charge continues with fourth acquisition this month

London-based Union Maritime is on an acquisitive charge. Brokers report it has taken another MR tanker, the Korean-built Pretty World from Parakou. The ten-year-old ship is costing $16.25m. The vessel has a special survey and drydocking scheduled for this November.

Last week Union Maritime took the eight-year-old Kirstin MR tanker for a price just shy of $19m.

At the start of the month Splash reported the same owner had moved to bag two 10-year-old MRs from a subsidiary belonging to Belgium’s Vroon.

Laurent Cadji, a former Morgan Stanley trader, founded Union Maritime in 2006 with the aim of building a leading oil product logistics platform in West Africa.

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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