Greece’s Angelicoussis Group is not resting on its laurels after making a big entry into the niche market of shuttle tankers.
The giant shipowner ordered three new vessels in South Korea earlier this year, before agreeing to buy the 18-ship fleet of UK-based Altera Shuttle Tankers (AST) from Altera Infrastructure on Wednesday.
“Our long-term objective and plan is to continue to grow this company to become the premier owner and most profitable company in this segment over time,” the Greek company said in a presentation to investors.
