Golden Stena Weco, the joint venture between Stena Weco and Indonesian palm oil producer Golden Agri-Resources, has added six 17,000-dwt chemical tankers to its fleet. The vessels, all built in 2008/9 by Samho in South Korea, join two existing owned ships in the fleet, the company said in its press release.
“With the new investment in this segment we are entering a new chapter in our collaboration,” says Erik Hånell, president/CEO of Stena Bulk and president of Stena Weco. “GSW, with its head office in Singapore, is now responsible for the commercial operation of eight jointly owned chemical tankers as well as a number of time-chartered vessels. We see this [investment] as part of the strategy of capturing market share in Asia in particular, with the long-term aim of establishing a presence, via our close partners, in new areas in this segment with the possibility of developing on other continents.”