Stainless Tankers ASA is a shipping company specialized in providing seaborne transportation of chemical cargoes worldwide. The Company provides investors with pure-play stainless steel chemical tanker exposure in an investor friendly structure through its fleet of nine stainless steel vessels, each with an approximate total carrying capacity of 20,000dwt. The fleet is managed by Tufton, with a primary focus on maximizing earnings and distributing excess operating cashflows to shareholders. The Company is committed to upholding and promoting human rights and ensuring fair and safe working conditions, as outlined in our human rights policy and Norwegian Transparency Act statement attached below.
Tufton is a leading investment manager focused on the shipping and offshore industries, with $1.5bn+ of mandated assets under management across a number of funds, including Tufton Oceanic Assets Limited which, as at 31 March 2024, has a NAV of $436.4m.
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