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2018 December 12   18:00

Newbuilding methanol carrier for Proman Shipping named CASTARA

Proman Shipping AG (Proman Shipping) and Mitsui O.S.K.  Lines, Ltd. (MOL) today announced that on November 27, a naming ceremony for a  newbuilding Methanol Carrier for Proman Shipping was held at the Hyundai Mipo  Drydock (HMD) in Korea.  The vessel was named the  CASTARA  by Methanol Holdings (Trinidad) Limited.  (MHTL) CEO Mr. Dennis Patrick. MHTL and Proman Shipping are subsidiaries of the  Proman Group.

The CASTARA will be the most eco-friendly and fuel-efficient vessel in Proman  Shipping’s expanding fleet. David Cassidy, Chief Executive of Proman Group said, “The CASTARA is Proman  Shipping’s first 50,000 DWT vessel and will become the largest vessel in the  Proman Shipping fleet. This milestone is testament to our valued and long-term  partnership with MOL. While Proman Shipping was only launched in March of this  year, Proman and MHTL have a long history with MOL going back to 1995. During  this time, we have diversified our products and expanded our reach – from Europe  and the US initially, we now ship globally, to Brazil, China, and right here to South  Korea, and we look forward to growing further.”

Masato Koike, Managing Executive Officer of MOL said, “Methanol trade is as  dynamic as the shipping industry is and we are observing changes in its trading  pattern in recent years. Even the changes are surrounding us, I am confident that  the new vessel, with most advanced design, will remain playing vital role in our  fleet, transporting methanol. We will continue exploring for even safer, more  competent and more efficient transportation contributing to Proman Group and  MHTL.”

About Proman Shipping 

Proman Shipping AG is based in Wollerau, Switzerland. The company was  established in March 2018 and provides maritime expertise, commercial vessel  management and global ocean transportation to the Proman Group of companies.  The company manages a fleet of 12 time-chartered chemical tankers. Proman  Shipping AG offers safe, reliable and efficient marine transportation services to  petrochemical customers both internal and external to Proman, with trading routes  in North America, South America, Europe and Asia. Proman Shipping AG focuses on  providing a high-quality service to its customers. 

About Mitsui O.S.K. Lines 

Mitsui O.S.K. Lines, Ltd. (MOL), as a multi-modal transport group, meets the needs  of the era in a wide variety of fields including crude oil tankers, methanol carrier, chemical tankers, product tankers, dry bulkers such as iron ore carriers, coal  carriers, and woodchip carriers, LNG carriers and offshore business, car carriers,  ferries, RORO ships, and logistics.

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