Triton III has completed its acquisition of the chemical tanker operations of Nordic Tankers.
FLEETS As bunker price hikes, bankruptcy and buy-outs beset the chemical tanker market, operators are finding it tough. Some have already given it up as a bad job
Triton Fund, which owns Herning Shipping, has agreed to acquire the chemical tanker activities of Nordic Tankers for $30m.
The extent to which the global economic crisis of 2008/09 has hit shortsea carriers in northern Europe can be gleaned from the 2009 annual results for Herning Shipping