SCPE, Tiger Group invest $95m in chemical tanking venture
Standard Chartered Private Equity (SCPE) and specialist maritime investor Tiger Group Investments have agreed to commit $95 million to Greathorse Chemical, which owns and operates a fleet of chemical tanker vessels.
A further $65 million will come from other financial investors. Based in Shanghai, Greathorse Chemical currently has eight small to mid-sized vessels that are used to transport fine chemicals and vegetable...
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