NEWS

February 3, 2020

MSEA Capital has lined up two more product tankers and is expanding its presence in the MR1 tanker segment. Both vessels will be delivered promptly with an Alpha Laval ballast water treatment system, as vessels are due for dry-docking and special survey during the year. First vessel will be delivere...

December 23, 2019

MSEA is continuing to expand its product tankers fleet in preparation for IMO 2020 implementation and market expectations. The additional MR1 tanker will be the second Handysize MSEA acquires this year. The vessel has been chartered out on a medium term contract to a major tanker pool operator. DESM...

August 3, 2019

In three separate but linked transactions, MSEA has arranged the sale, purchase and lease of two medium range product tankers. The multi-phased transaction involved a number of investors, financiers, Operator and Oil Company, all of which collaborated between May and September 2019 to ensure a smoot...

March 18, 2019

MSEA Tankers has announced the addition of a handysize product tanker to its Product Tankers fleet. The vessel will be chartered-back to its Sellers, a North European public shipping company and leading tanker operator. Delivery of the 2008 built MR1 Tanker is planned for mid-April. MSEA is very exc...

May 25, 2018

M Sea Capital lining up product tanker trio

Shipowner set to expand product tanker presence with $30m plus purchase.

By Andy Pierce (Tradewinds Article)
Fri, 25 May 2018 08:21:38 

Modi Mano’s M Sea Capital is believed to be closing in on its second significant tanker transaction in six months.

BP Shippi...

January 20, 2018

The second sister vessel, a 2010 built MR Tanker, Ice Class 1A Super has been delivered to MSEA Tankers.

Like its sister vessel, it has been chartered on a medium term contract and delivered on back-to-back basis to an International Commodity Trader.  

November 20, 2017

MSEA Tankers takes delivery of a 2009 built MR Tanker, Ice Class 1A Super.

The vessel has been chartered out on a medium term contract to an International Commodity Trader and will form part of their ice capable strategic fleet.

This is the first of two sister vessels taken over by the group.

October 10, 2017

MSEA Capital is pleased to announce a new joint-venture investment platform, MSEA Tankers MCS.

MSEA Tankers is backed by leading European Financial Institutions and a selected group of industry players. It’s investment mandate is focused on building-up a substantial fleet of modern product tankers. T...

May 17, 2016

As a follow on to the two new building MR Tankers delivered in May 2015, MSEA took delivery of a third sister vessel in May 2016 which has put on a long-term lease, on back-to-back basis, to a leading International Commodity Trader. This new building project benefited from the support of a combinati...

January 20, 2016

Management of two 115k-dwt aframax tankers were taken-over from Italian owner with long-term bareboat charters of four to five years attached to leading Greek operator. The vessels are of ICE CLASS 1A and have been trading predominantly in the North Sea, Baltic and Far East Russia.

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