Penfield Marine | New Paradise Joint Venture Revealed as Buyer, Not Seller, of Coated Products Tanker
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new-paradise-joint-ventureParadise Navigation chairman Constantinos Tsakiris has confirmed the purchase of the ‘Polar’ with other Greek interests in a new alliance that aims to specialise in the LPG sector.

The Polar is to be renamed PGC Marina and the intention is to trade it under the commercial management of Penfield Marine.

In addition to the Polar, Paradise Navigation manages three sisterships, the Stena Chronos, Stena Callas (both built 2004) and the Stena Chiron (built 2005).