Chemikalien Seetransport and Dr Peters hook-up in ship management venture

Tanker specialist Chemikalien Seetransport (CST) has teamed-up with German investment manager Dr Peters Group in a new ship management venture.

Hamburg-based CST/DS Shipmanagement will absorb all the ship management activities of Dr Peters' shipping subsidiaries DS Tankers and DS Schiffahrt.

The new company will manage five Dr Peters vessels comprising two VLCC’s, a capesize bulker and two multipurpose (MPP) vessels.