On June 28, Seacon Shipping Group Holdings Limited (hereinafter referred to as “Seacon Shipping Group”) issued an announcement stating that on June 26, the Group, through its indirect wholly-owned subsidiary Seacon Shipping, entered into two agreements with the seller Oriental Prime Shipping. Pursuant to the agreements, the seller agreed to sell and the buyer agreed to acquire two chemical/oil product tankers at a total consideration of US$39.2 million, equivalent to a single-vessel purchase price of US$19.6 million.
The two chemical/oil tankers, named “Golden Gerbera” and “Golden Osmanthus” respectively, have a capacity of 4,981 deadweight tonnes and are scheduled for construction in 2026.
According to the announcement, Seacon Shipping is a private company limited by shares incorporated in Singapore and an indirect wholly-owned subsidiary of Seacon Shipping Group, primarily engaged in vessel ownership and the provision of chartering services. Oriental Prime Shipping is a limited company incorporated in the British Virgin Islands, primarily engaged in vessel ownership, and is ultimately wholly-owned by Yu Sixing.
Seacon Shipping Group stated that the acquisition of two chemical/oil tankers under this agreement aligns with its strategy to phase out older controlled vessels and replace them with newer ones—thereby continuously optimizing the fleet—while simultaneously expanding the size of its self-owned fleet.