Sanmar Shipping bought a 1996 Japanese built, double hull, fully stainless steel chemical tanker of 10,314 deadweight on 27 May 2005 at Chiba, Japan. With this purchase, Sanmar Shipping has now diversified into the chemicals shipping business, sensing opportunities in a segment which is beginning to see the crest of a wave after years of dormant trading.
The timing of the purchase of a modern vessel at a competitive price is seen by the industry as a significant move when most players are focussing attention on traditional segments like bulk carriers and crude or products tankers. The vessel earlier called Cristal and now renamed Sanmar Majesty, is capable of carrying both organic and inorganic chemicals and vegetable oils.
The vessel has taken her first parcels out of Yokohama, Japan, soon after delivery and is bound for India, with three grades, Acrylonitrile, Cumene and Iso Propyl Alcohol (IPA).
The chemical tanker Sanmar Majesty acquired on 27 May 2005 at Chiba, Japan.
Sanmar Serenade, a 45,696 deadweight Japanese built Clean Petroleum Products carrier of 1992 vintage, is a double hull vessel acquired by Sanmar Shipping in January 2003. Having just completed her scheduled drydocking under Sanmar ownership and repairs in Dubai in May 2005, she is back to trading in the TORM pool.
Sanmar Serenade drydocking at Dubai: On the blocks fully painted (right) and out at anchorage after all repairs are carried out.