Proman Shipping, the maritime transport arm of Switzerland-headquartered chemical producer Proman, is expanding its tanker fleet to handle its shipping requirements as the group's new plants come online.

Proman — the world’s second-largest methanol producer and a top-10 producer of ammonia — mainly fulfils its shipping needs through a time-chartered fleet, according to managing director Anita Gajadhar.

Its fleet has grown over the past year to 12 MR vessels time chartered from third-party owners for various period lengths, backed up by ships taken on voyage charters and contracts of affreightment.