PARADISE GAS CARRIERS (PGC) IS A SHIPPING INVESTMENT COMPANY WITH ROOTS BACK TO 1968. OUR AIM HAS REMAINED THE SAME OVER TIME: TO CONTINUE GENERATING ABOVE AVERAGE RETURNS TO OUR SHAREHOLDERS BY INVESTING IN SHIP OWNING, SHIP OPERATING AND ANCILLARY ACTIVITIES.
WE CURRENTLY OWN AND LEASE A DIVERSIFIED FLEET, OF SMALL-SIZED LPG CARRIERS AND PANAMAX LR1 TANKERS.
PGC is continuously seeking new opportunistic investments, mainly in the gas carrier, tanker or bulk carriers sectors. We apply a disciplined, top-down investment methodology focusing on market’s needs. These strategic decision to diversify across shipping sectors provides us with more frequent, favorable entry points into the shipping cycle than a “pure-play” model does. It also allows our resulting asset portfolio to combine, the desired mix of stable cash-flow yielding assets required to support investments, with more volatile ones which have more upside potential.
PGC’s management team has an excellent track record in the acquisition, operation and disposal of vessels, as well as a successful history in sourcing distressed sales and entering into strategic partnerships, in already-established or new markets. Our team has a consistent record of solid returns on investments, while it is working constantly to ensure continuous growth, development and portfolio diversification.