Singapore-headquartered Eastern Pacific Shipping (EPS) celebrated the signing and closing of a landmark syndicated financing transaction for 11 CoolCo LNG carriers during the international shipping exhibition “Posidonia 2026” week in Athens, Greece.
Following the completion of its merger with Cool Company Ltd (CoolCo) earlier this year, EPS has further strengthened its gas shipping platform.
Last week, EPS said this refinancing exercise was undertaken to align the financing structure with the broader group while strengthening the platform for future growth.
EPS oversees a versatile fleet of over 350 vessels and 37 million deadweight-tonnes across core segments of containership, PCTC, dry bulk, gas and tanker vessels.
Recently, the company joined forces with Champion Tankers to launch a new IMO II medium range tanker pool. The deal brings together eight IMO II MR vessels under a unified commercial platform.
The pool will start operations with four vessels from EPS and four vessels from Champion Tankers with the aim to serve the growing demand for clean petroleum products, chemicals and specialty cargo transportation.
“This partnership reflects our shared commitment to delivering long-term value to customers and stakeholders alike,” said the partners in a joint statement. “By combining modern, high-quality tonnage with complementary commercial expertise, we have created a stronger and more flexible platform that enhances our service offering while positioning the pool to capitalize on opportunities within the IMO II MR segment.”
