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Pallas Shipping is active in the maritime and shipping sector, including ship brokerage. Sales and PurchasePallas Shipping acquired a shipbroker earlier in 2009, Petership Sweden AB, broking for sales and purchase is considered as one of the company's main business areas. With world wide clients Pallas Shipping can offer a broad array of ships, a tightly-knit network, chartering, and financial brokerage. Ship managementWith long experience from both crew management, technical management and traffic/operations responsibility, Pallas Shipping can offer a complete selection of management services. Moreover, Pallas Shipping's services is certified by Lloyds Register, and bears a Document of Compliance (DOC). 'Pallas Shipping ship manages owned vessels as well as external partners'. Pallas Shipping also cooperates with Livonia Shipping. Livonia is a small and well-experienced management in Latvia. ShipowningSince 2007 Pallas Shipping operates M/S Pallas Ocean commercially, a 3990-ton dry cargo ship with encapsulated holds, strengthened for heavy cargoes. The ship trades in North Europe in a long term TimeCharter for Thun Group, a Lidköping-based shipping company.In 2009 Pallas Shipping acquired the chemical tanker M/S Pallas Glory, now operating along the coast of West Africa and the Mediterranean Sea with chemicals. Commercial management is handled by North Sea Tankers in Rotterdam. Pallas Shipping intends to grow by its own means and to hold a total of five vessels before 2012. |

