Euroceanica (UK) LimitedEuroceanica and its shareholders have had a long history of investment and operations in the tramp shipping markets.
The first investments were made in the dry bulk market and subsequent dry cargo investments have included both standard bulk carriers and OBO’s.
The first new buildings were ordered in the early 70’s, when a panamax bulk carrier was contracted in Poland, followed shortly by other bulk carriers from Japanese yards. In the first phase of the groups development the investments were exclusively dry cargo however in the early 1980’s the first investments in tankers were made.
By the 1990’s the group had built up expertise in both wet and dry markets and had operated ships both on time charters and the spot market.
To give the group access to wider employment possibilities investment were also made in operating companies, notably Protank, a joint Venture with Heidenreich Marine, Bocimar/Exmar and Ferruzzi, principally engaged in the Atlantic orimulsion trades.
During the 1990’s a series of investments were made in OBO vessels and tankers. Followed by a series of suezmax and product tankers new buildings ordered from Korean yards.
Euroceanica has also chartered in vessels from Japanese trading houses and has enjoyed continuing good connections in this important area. It has developed a good relationships with other trading houses, which has included the chartering of vessels with profit sharing deals.
Trading patterns have been worldwide and have included running shuttle tankers engaged in US gulf lightering operations.
In 2005 Euroceanica entered the Chemical Tanker market securing firstly the fleet of Finaval in Italy and in 2006 Crystal Pool OY, which included both its fleet and operating company.
