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APC Secures Significant New Ship Contract with Hafnia

irl

Ohio-based manufacturer Advanced Polymer Coatings (APC) is expanding its production following a major contract with Hafnia, the world's largest operator of product and chemical tankers.


Under the agreement, APC’s high-performance MarineLINE® coating system will be applied to 10 chemical tankers in Hafnia’s fleet, headquartered in Singapore.


Hafnia selected MarineLINE® for its exceptional chemical resistance, quick and efficient cleaning, and reduced risk of cargo contamination. APC’s strong commitment to customer support also played a key role in securing the contract.


The two-year tank recoating program is now set to begin, with additional vessels expected to undergo treatment as the project advances.


The tankers undergoing recoating were acquired by Hafnia in January 2022. Some already feature MarineLINE®, while others will have their existing epoxy coatings replaced.


APC Global Marine Manager Onur Yildirim said: “We are absolutely delighted to have been chosen by Hafnia for this large-scale program of recoating after two years of detailed discussions.“


It is a great start to 2025 for the business, and we look forward to developing a strong working partnership with the world’s largest chemical and product tankers operator.


“MarineLINE® protects cargo tanks from more IMO-approved chemicals than any other coating. Due to its high resistance, high gloss finish, and low absorption, it is much faster to clean, meaning it outperforms stainless steel and epoxy coatings.


“Those faster cleaning times enable quicker ship turnaround, which in turn can free up additional sailing days, all improving the performance, earning ability, and profitability of the vessel.”


Mikkel Boesen, Vice President of TECOS Fleet, Hafnia, said: “At Hafnia, we are committed to operating a fleet that upholds the highest standards of efficiency and performance. Working with MarineLINE® aligns perfectly with this vision for our chemical fleet.


“MarineLINE®’s superior resistance, ease of cleaning, and ability to switch seamlessly between chemical cargoes were key factors in our decision.


“We look forward to seeing the results of this collaboration set to improve operational flexibility and profitability of our vessels as we work together to deliver value to our stakeholders.”


The Hafnia contract marks the latest in a series of recent wins with major fleet operators, driving a 42% increase in sales of APC’s MarineLINE® coating system in 2023.


APC currently holds approximately 12% of the global chemical tanker coating market, with MarineLINE® applied to around 700 ships worldwide.


Source: Advanced Polymer Coatings (APC)




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