Hamburg-based asset and investment manager MPC Capital has acquired a strategic stake of 50 percent in compatriot tanker chartering company Albis Shipping & Transport.
Albis operates a commercial platform for tankers of various sizes, offering tailor-made solutions for chartering and operations of tankers.
In addition to the technical ship manager Ahrenkiel Tankers, MPC Capital said that, by acquiring a stake in Albis, it complements its range of services in the tanker segment as well.
Following the recent merger between Contchart and Harper Petersen, the newest transaction is expected to strengthen MPC Capital’s commercial expertise.
“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,” Christian Rychly, Managing Director of MPC Maritime Holding, explained.
“This will include discussions on the alternative propulsion technologies as well as appropriate ship designs for the changing trade flows. We are also seeing growing interest from institutional investors who want to develop these new concepts jointly with us,” Rychly added.
Headquartered in Hamburg, Albis is, apart from the tanker business, also active in the drybulk segment via a joint venture as well as the sale & purchase of tonnage.