MC Shipping Inc. was established in 1989 and quoted on the American Stock Exchange (MCX) until September 2007 when the Company was acquired by an Investment Fund managed by Irving Place Capital. The Company owns and operates a substantial fleet of commercial ships, investing, owning and operating in the liquefied petroleum gas (LPG) sector.

MC Shipping’s vessels employment portfolio is balanced in a mix of short- and long-term charter arrangements, striving to offset the volatility of freight markets and constantly generate an acceptable yield on its equity. The focus is, however, on customers and building that relationship through medium to long term agreements, aiming at servicing clients and maintaining a solid financial base through stable and coherent earnings streams and, thus, enhancing value for its shareholders over the long term. The Company also endeavours capitalising on the movements in the vessels sale & purchase market by releasing hidden value of its assets when it is available.

The Company is committed to its fleet of LPG carriers which range from 3,000 to 78,000 cbm. MC Shipping continues expanding its fleet together with medium to long term contracts with the industry’s major players as its partners.

The Company has offices in Monaco, London, Singapore and Jakarta.

MC Shipping adheres to high safety and environmental standards. The Company's vessels are technically managed by Anglo-Eastern, Bernhard Schulte Shipmanagement and Wallem, the world’s leading marine services groups.