Celsius looking "with interest" at new product tanker purchase

Celsius, which recently sealed the largest deal in its history with a USD 374 million investment in gas vessels, is currently looking at product tanker ships. According to partner Jeppe Jensen, asset prices remain attractive.

Photo: Celcius Shipping/PR

Celsius is actively looking at the product tanker market right now. The shipowner recently acquired 50,000 dwt vessel Unique Fidelity, built in 2010. The ship has been renamed "Celsius Richmond" after being purchased. 

And this could likely not be the only ship the company buys in the product tanker segment, where prices according to partner Jeppe Jensen are still attractive.

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Alphaliner: HMM set to go private in 2022

The South Korean state is reportedly prepared to divest container line HMM after having rescued the company from bankruptcy in 2016. According to Alphaliner, South Korea's central administration has confirmed a plan to privatize the carrier in 2022.

400 people risk being laid off at Seadrill

Once the contracts for two of Seadrill's drilling rigs expire, around 400 of the company's 1,050 employees are at risk of losing their jobs, reports media. Labor union expects the carrier to announce dismissals prior to Christmas.

Further reading

Related articles

Latest news

See all jobs