MPC buys into tanker charter operation

Nov 15 2019


German investment vehicle, MPC Capital, has acquired a 50% stake in Albis Shipping & Transport, Hamburg.

Albis, led by Kim Moeller, operates a commercial platform for tankers of various sizes. It offers tailor-made solutions for tanker chartering and operations.

 

This move complements the addition of technical shipmanager, Ahrenkiel Tankers and following the recent merger between Contchart and Harper Petersen, which further strengthens MPC Capital’s commercial expertise, the company said.

 

“In view of the new IMO 2020 regulations and the relatively high average age of the global tanker fleet, we expect a number of changes to the tanker industry going forward. This will include discussions on the alternative propulsion technologies as well as appropriate ship designs for the changing trade flows,” said Christian Rychly, MPC Maritime Holding Managing Director. “We are also seeing growing interest from institutional investors who want to develop these new concepts jointly with us.”

 

Albis currently employs around 20 people and is headquartered in Hamburg. In addition to the tanker business, Albis is also active in the drybulk segment via a joint venture, as well as in the sale & purchase market.

 



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