GEFO acquires 7 gas tankers from Unigas to expand inland fleet

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GEFO Shipping Group is expanding its inland gas tanker fleet through the acquisition of seven vessels from Unigas Shipping Swiss AG, in a deal expected to close in June or July 2026.

The transaction includes three operational gas tankers already trading in the European inland market and four additional newbuild vessels currently under construction. The move reflects continued investment in fleet renewal at a time when inland operators are increasingly adapting to low water conditions across Europe’s river systems.

The three existing vessels each measure 135 metres in length with a beam of 11.45 metres and have been operating for the past two years. The four remaining tankers, also with a beam of 11.45 metres but measuring 110 metres in length, are scheduled for delivery during the first quarter of 2027.

For inland shipping operators, vessel dimensions are not just technical details. They directly influence cargo capacity and navigability during periods of shallow water. In recent summers, fluctuating river levels on waterways such as the Rhine have disrupted cargo flows and reduced loading capacities across Europe.

Sven von Appen, Managing Director of GEFO, said the acquisition supports the company’s long term operational resilience.

“These modern tankers contribute to the further rejuvenation of our fleet,” he said. “By acquiring these vessels, we are investing in our future flexibility and resilience in times of low water.”

The sale also marks a strategic shift for UniBarge Holding Group, the parent company behind Unigas Shipping Swiss AG.

Daniel Wanders, CEO of UniBarge Holding Group, said GEFO’s existing experience in the gas tanker segment made it a suitable buyer for the assets.

“GEFO has extensive expertise in the gas tanker segment and can optimally integrate the vessels into its existing fleet,” he said. “With this sale, we will focus on expanding our core business in the future.”

The transaction highlights how inland tanker operators are continuing to modernize fleets while balancing environmental pressures, water level challenges, and shifting cargo demand across Europe’s inland waterways.

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