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APC Clinches Two Tanker Deal with Oman’s Asyad Shipping Company

First deal with Asyad will see APC supply MarineLINE for two newbuild MR chemical tankers

Advanced Polymer Coatings (APC) has signed its first deal with Oman’s national shipping company.

The contract will see APC’s high-performance MarineLINE coating system applied to two chemical tankers being constructed for Asyad Shipping Company.

It is APC’s first deal with majority state-owned Asyad Shipping Company, which currently operates a fleet of more than 90 vessels, with a number of newbuilds in the pipeline.

MarineLINE’s superior chemical resistance properties, ease and speed of cleaning, and the reduced risk of contamination from previous cargoes, were all major considerations in Asyad Shipping Company’s decision.

The coating will be applied to the two new 49,200 DWT medium range (MR) chemical product tankers next year. The work will take place at Lianyungang Wuzhou Shipyard in Jiangsu Guanyun, China.

MarineLINE has been developed to give protection against thousands of highly aggressive chemicals and as a result protects cargo tanks from more IMO approved chemicals than any other coating in the world.

APC Marine GM Onur Yildirim says that was an important factor in winning the work.

“This is our first commercial deal with Asyad Shipping Company and we have been in talks with them for some time,” Yildirim adds. “We’re delighted to be working with Asyad as they work to expand their fleet and look forward to growing our relationship. The Gulf is an important export region for APC and to have clinched a contract with Oman’s state shipping company highlights the growth potential that exists for MarineLINE.”

Today APC commands approximately 12% of the global chemical tanker coating market with some 700 ships worldwide coated with MarineLINE.

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