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    Breaking News

    Advanced Polymer Coatings, Champion Tankers Agree to Deal

    Deal will see APC’s MarineLINE coating system initially applied to four product and chemical tankers with IMO II classification.

    Advanced Polymer Coatings, Champion Tankers Agree to Deal
    Advanced Polymer Coatings, Champion Tankers Agree to Deal
    Captain Onur Yildirim, APC global marine manager. (Source: Advanced Polymer Coatings)
    04.16.25
    Advanced Polymer Coatings (APC) has been chosen to provide its high-performance MarineLINE coating for up to six new vessels being built for Champion Tankers.

    The deal will see APC’s MarineLINE coating system initially applied to four product and chemical tankers with IMO II classification that will be constructed at the Chengxi Shipyard in China.

    Work on the first vessel for the privately-owned Norwegian tanker group is set to get underway at the end of this year, with three others planned for 2026. There is also an option to build two more tankers at the yard.

    Champion Tankers was established more than two decades ago by Karl L. Kvalheim and Arne Viste, experienced and successful shipbrokers within the clean petroleum products and chemical chartering business.

    The company focuses on shipping vegoils, liquid fertilizers, easy chemicals and molasses, as well as Clean Petroleum Products (CPP). It specializes in the commercial operation of “Medium Range” Tankers with IMO type 2/3 Classification.

    MarineLINE’s superior chemical resistance properties, ease and speed of cleaning, and the reduced risk of contamination from previous cargos, were all considerations in Champions coating choice.

    APC’s strong commitment to customer care was another big factor in clinching the work. It is the company’s first deal with Champion and the latest in a growing pipeline of work confirmed at the start of 2025.

    “The deal to supply Champion Tankers is the latest indication of the growing demand for MarineLINE from vessel operators,” said Captain Onur Yildirim, APC global marine manager. “They are finding the case for MarineLINE compelling. It protects cargo tanks from more IMO-approved chemicals than any other coating. And 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.

    “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. There is also a strong environmental argument for MarineLINE’s use,” said Yildirim. “Its superior resistance, that ease of cleaning, and ability to switch seamlessly between chemical cargoes are all proving key factors when it comes to decision making.”

    The Champion Tanker deal is the latest major fleet operator contract win for APC. In 2024 APC scored its best-ever year of trading with an 18 percent sales spike including new build and recoating deals.

    APC now has around 12 percent of the global chemical tanker coating market with some 700 ships worldwide coated with MarineLINE. Exports underpin APC’s growth with key markets, including China, the Gulf, Croatia, and Turkey.

    To cater to the growing demand for MarineLINE, APC is currently doubling the size of its US factory with a multi-million dollar, eight-figure expansion project. It represents APC’s biggest investment in its 27-year history.
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