ShippingWatch

MPC buys stake in German tanker company

MPC Capital acquires half of a German tanker operator. The strategic acquisition is largely attributable to the upcoming sulfur regulations and increased interest from institutional investors, says the managing director.

Photo: Arkivfoto/Colourbox

Investment company MPC Capital, best known in shipping for its ownership of MPC Container Ships, acquires 50 percent of German tanker operator Albis Shipping & Transport, reports MPC Capital in a press release.

MPC Capital describes Albis Shipping & Transport as a tanker specialist, which operates a commercial platform for tanker vessels.

Read the whole article

Get 14 days free access.
No credit card required.

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

Further reading

Related articles

Trial banner

Latest news

See all jobs