Hamburg owner and manager MPC Capital has revealed its blueprint for success in the tanker management sector against a background of growing demand and booming rates.
Its newly established unit Ahrenkiel Tankers is now technically managing a fleet of vessels for "selected customers", it said.
Robert Frese, managing director of maritime investments, added in the company's newsletter: "We noticed that there is a window of opportunity in which historically low asset prices can be combined with stable high-yield charter income in the tanker space, be it for spot or longer-term business with reliable...