SwissChemGas, the LPG trading affiliate of Athens bulker player SwissMarine Inc, is making its most high-profile market move in years.
According to brokers in Athens and London, the company is in the process of becoming a shipowner with the acquisition of its first ship — a six-year-old VLGC it will take delivery of in about seven months from now.
The vessel in question is the 82,500-cbm Gas Tigers (built 2016), a ship currently owned by KSS Line and said to be changing hands for about $63m.
