Mare Maritime establishes a new HQ in Mumbai, investing $506mn in 22 MR Tankers for India's growing transportation demand.

Mare Maritime, a leading shipping, trading, and logistics company, expands into India by establishing a new headquarters in Mumbai's Bandra Kurla Complex. The $506mn investment in 22 MR Tankers aims to capitalize on India's growing demand for transportation services, backed by $222mn equity and additional debt financing. Mare Maritime will focus on transporting clean petroleum products and edible oils, aligning with India's economic growth and potential as a fast-growing economy.

May 27, 2024
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