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Tankers and Gas Dry Bulk Ship Recycling

Ship recycler-linked shipowner plans 50-vessel fleet by 2028

  • SPM Shipping, linked to ship recycling group Priya Blue, has grown to 32 vessels and aims to reach 50 ships by 2028
  • The company initially targeted mid-aged tonnage but plans a shift to modern tonnage across three vessel sectors

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Dubai-based SPM Shipping has built a 32-vessel fleet in just three years as its parent company expands beyond ship recycling and cash buying, positioning itself across multiple shipping sectors

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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