Advanced Polymer Coatings agrees multi new build tanker deal with Norway’s Champion Tankers

- Deal will see APC’s MarineLINE coating system initially applied to four product and chemical tankers with IMO II classification
- MarineLINE’s superior chemical resistance properties, ease and speed of cleaning were all considerations in Champion’s decision
- Deal comes after APC achieved its best ever year of trading in 2024 with an 18 per cent sales increase.
AVON, OHIO headquartered manufacturer Advanced Polymer Coatings ) has been chosen to provide its high-performance MarineLINE coating for up to six new vessels being built for Champion Tankers.
The deal will see APC’s MarineLINE coating system initially applied to four product and chemical tankers with IMO II classification that will be constructed at the Chengxi Shipyard in China.
Work on the first vessel for the privately owned Norwegian tanker group is set to get underway at the end of this year, with three others planned for 2026. There is also an option to build two more tankers at the yard.
Champion Tankers was established more than two decades ago by Karl L Kvalheim and Arne Viste, experienced and successful shipbrokers within the clean petroleum products and chemical chartering business.
The company focuses on shipping vegoils, liquid fertilizers, easy chemicals and molasses, as well as Clean Petroleum Products (CPP). It specialises in the commercial operation of “Medium Range” Tankers with IMO type 2/3 Classification.
MarineLINE’s superior chemical resistance properties, ease and speed of cleaning, and the reduced risk of contamination from previous cargoes, were all considerations in Champions coating choice.
APC’s strong commitment to customer care was another big factor in clinching the work. It is the company’s first deal with Champion and the latest in a growing pipeline of work confirmed at the start of 2025.
Captain Onur Yildirim, APC Global Marine Manager said: “The deal to supply Champion Tankers is the latest indication of the growing demand for MarineLINE from vessel operators.
“They are finding the case for MarineLINE compelling. It protects cargo tanks from more IMO approved chemicals than any other coating. And due to its high resistance, high gloss finish and low absorption, it is much faster to clean meaning it outperforms stainless steel and epoxy coatings.
“Faster cleaning times enable quicker ship turnaround, which in turn can free up additional sailing days, all improving the performance, earning ability and profitability of the vessel. There is also a strong environmental argument for MarineLINE’s use.
“Its superior resistance, that ease of cleaning, and ability to switch seamlessly between chemical cargoes are all proving key factors when it comes to decision making.”
The Champion Tanker deal is the latest major fleet operator contract win for APC. In 2024 APC scored its best ever year of trading with an 18 per cent sales spike including new build and recoating deals.
APC now has around 12 per cent of the global chemical tanker coating market with some 700 ships worldwide coated with MarineLINE. Exports underpin APC’s growth with key markets, including China, the Gulf, Croatia, and Turkey.
To cater to the growing demand for MarineLINE, APC is currently doubling the size of its US factory with a multi-million dollar, eight figure expansion project. It represents APC’s biggest investment in its 27-year history.
Related News.
September 25, 2026
ISLAND OIL: Unveiling of the Sculpture “Cyprus’s Journey Through the Ages” in Protaras – A Tribute and Landmark to Cyprus’s Historical Memory and Cultural Heritage
In a modest ceremony marked by a moving atmosphere, the sculpture “Cyprus’s Journey Through the Ages”, created by acclaimed Cypriot sculptor…
September 25, 2026
World Maritime Day 2026 from Policy to Practice – powering Maritime Excellence
Global regulations will deliver safer, more resilient shipping when they are implemented worldwide. The international maritime community marks…
September 25, 2026
Diana Shipping announces Time Charter Contract for m/v DSI Polaris with Dai An Ocean Shipping
Diana Shipping , a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a…
September 25, 2026
Chief Economists Expect Global Economy to Stabilize, but Fiscal Constraints, Rising Living Costs and AI Investment Uncertainty Threaten Growth
The global economy is stabilizing, but the fiscal support that cushioned successive shocks since 2020 is unlikely to play the same role in the year…
September 25, 2026
V. welcomes its new graduate cohort as programme expands across the group
Twelve graduates from nine nationalities join 11th year of V.’s expanded international management programme. V., the global ship manager and marine…
September 25, 2026
From Policy to Practice: Why Seafarers Are the Key to Maritime Excellence
The shipping industry is no stranger to regulation. Seafarers and ship operators work within a vast framework of international conventions, national…
September 25, 2026
Intermodal Report – Week 38 2026
Please find below the Intermodal market report for week 38 2026. Intermodal Report Week 38 2026 Market Insight By Nikos Tagoulis, Head of…
September 25, 2026
Allied – Weekly Market Review – Week 38
Please find below the Allied Weekly Report for Week 38 | 2026 ALLIED - Weekly Market Report- Week 38
September 25, 2026
Record year on the Northeast Passage but Arctic shipping remains very limited
In 2025, a record 103 transit voyages were made via the Northeast Passage. However, this is still equivalent to only around a day and a half of…
September 25, 2026
[xclusiv] S&P Report 21th September 2026
Please find below the [xclusiv] latest Weekly S&P Report [xclusiv] 2026_09_21 Market Commentary: VLCCs: Freight Boom Reprices the Fleet The VLCC…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























