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Bulker owner Precious targets tankers and gas carriers with new venture

Bulker owner Precious targets tankers and gas carriers with new venture

TradeWinds
Bulker owner Precious targets tankers and gas carriers with new venture

Thailand’s Precious Shipping is branching out into tanker and gas carrier ownership with a new joint venture in Malaysia.

Nusantara Maritime will be a ship owning, operating and leasing company, and is looking to acquire crude tankers, LNG carriers and LPG vessels, the Bangkok-listed bulker specialist said.

Precious is teaming up with Malaysian companies Emstraits Navigation and Lianson Fleet Group.

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