Mare Maritime Singapore has plans to acquire 21 vessels from some of the world’s largest product tanker owners after withdrawing from Baota Petrochemical Group’s charter project, which could have significantly expanded its technically managed fleet.
As an initial step towards eventually buying an additional 50 to 60 LNG carriers and product tankers, the shipmanager and owner told TradeWinds that it would purchase 21 LR, MR and handysize product tankers.
