Seacon Shipping has had a busy year since it went public, with big newbuilding deals and secondhand acquisitions to move into the tanker space.

The bulker company and third-party ship manager, headquartered in Qingdao, China, is estimated to have spent $637m on 18 newbuildings and more than $40m on three secondhand chemical tankers.

It has now set to work on finding long-term employment for many of the ships it has ordered and is eyeing a move into the gas business.