Stena Bulk is teaming up with Bay Crest Management to operate chemical tankers in an Asian expansion move.
The Swedish group's Golden-Agri Stena joint venture with Golden Agri-Resources has formed GSB Tankers with Japan's Bay Crest, it said.
GSB will operate and commercially manage chemical ships from 1 January.
It will use the existing premises of Golden-Agri Stena in Singapore, with other offices in both Dubai and Japan.
