The clean transition
CLEAN SEA TRANSPORT
Clean Sea Transport, was set up as a joint venture between MSEA Group and Arkview Capital to acquire the assets of the Marinvest Group and to promote clean fuels in the shipping sector.
In September 2021, Clean Sea Transport acquired 100% of the shares in Marinvest AB and its managed fleet consisting of five modern dual-fuel methanol carriers on long term charters of up to 15 years along with four LR1 ice class 1A product tankers.
Based in Gothenburg, Sweden, Marinvest is a shipping company founded in 1988 by the late Mr. Lars Mossberg, an innovator in the shipping sector who developed and managed one of the world’s first methanol-powered commercial vessels. Mr. Mossberg validated methanol as a clean, safe, and future proof marine fuel capable of meeting the industry’s increasingly stringent emissions standards.
“We are very excited about the acquisition of Marinvest, the world’s pioneer in building and operating eco-friendly methanol powered vessels. We believe that methanol, which reduces emissions by up to 95%, is a marine fuel for the future as evidenced by the increasing number of orders placed for methanol dual-fuel vessels. Together with the Marinvest team, we intend to be at the forefront of the shipping industry’s transition to clean fuels. Our platform will offer charterers and customers access to future-proof tonnage in the tanker, container, and dry bulk segments. The inclusion of four LR1 product tankers in the fleet underpins our counter cyclical tanker investment strategy”
Modi Mano, Founder & CEO of MSEA Group.
Clean Sea Transport fleet consists of dual-fuel Methanol carriers and ice class 1A long range product tankers.