Singapore-listed Yangzijiang Financial has acquired stakes in two chemical tankers as it continues to grow its new maritime investment fund.

The company said it has acquired a stake in the 26,200-dwt RT Star (built 2011) for $19.5m and a stake in the 20,000-dwt Celsius Mayfair (built 2007) for $12.64m

The two ships were acquired in partnership with unnamed Shanghai and Singapore-based shipowners respectively, Yangzijiang Financial said.