LATEST NEWS:
23/10/2008
Stena Bulk buys
into Paradise Tankers Corp [PDF]
Stena Bulk AB, one of the world's leading shipowners, acquired a 35%
equity stake in Paradise Tankers Corp, the owner of all vessels
(excl M/T Polar), currently managed by PNSA.
>>>
Paradise Navigation is a Panamanian registered company,
established in Greece under law 89 to perform management and ship
operation functions for its owning principals.
Originally, it was founded back in 1968, as Navipower
Compania Naviera SA, by the Tsakiris family, a traditional Greek
ship-owning and operating family.
Navipower was relocated to Piraeus in 1996 by John
Tsakiris and his son Konstantinos and since 1999 moved up to Athens
and changed its name to Paradise Navigation.
It is a fully up-to-date company, already ISM and ISO
9002 certified by DNV, fully computerised and staffed with expert
personnel. It is also a member of prominent organisations including
BIMCO, HELMERA and INTERTANKO.
Paradise Navigation initially focused on dry cargo
shipping and entered the tanker sector in 2000.
Today, the company has under management six vessels, 2 bulkers and
4 tankers.
