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Formosa Plastics Marine Corporation

Formosa Plastics Marine Corporation (FPMC) is the shipping arm of the Formosa Plastics Group, operating a fleet of bulk carriers and tankers.

Last updated September 15, 2026

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Overview

Formosa Plastics Marine Corporation (FPMC) was established in March 1980 by the Formosa Plastics Group, with the company registered in Liberia, initially using two chemical tankers to carry EDC raw material for the group. Over the following two decades it added 11 MR-type chemical vessels and expanded its services beyond the group. After 2000, it enlarged its tanker fleet of various specifications to meet the transport needs of the group's Mailiao No. 6 Naphtha Cracking Complex, and also provided bulk carrier transport for power coal for the Mailiao industrial zone's utility plant and IPP, and for coking coal for the Vietnam Formosa Ha Tinh Steel plant. As of 2026, FPMC has 39 vessels with a total deadweight of 4.93 million tonnes, and it also engages in spot and long-term charter commercial business for global customers.

History

In March 1980, the Formosa Plastics Group established Formosa Plastics Marine Corporation (FPMC), with the company registered in Liberia, initially using two chemical tankers to carry EDC raw material for the group. Over the following 20 years, it added 11 MR-type chemical vessels and expanded its services beyond the group. After 2000, to meet the transport needs of the group's Mailiao No. 6 Naphtha Cracking Complex — such as imports of crude oil/naphtha feedstock and exports of petroleum/petrochemical products — it correspondingly enlarged its tanker fleet of various specifications. It also provided bulk carrier transport for power coal for the Mailiao industrial zone's utility plant and IPP, and for coking coal for the Vietnam Formosa Ha Tinh Steel plant. As of 2026, FPMC has 39 vessels with a total deadweight of 4.93 million tonnes. With more than 40 years of ship operating experience, its business scope is not limited to carrying raw materials needed within the group; it also actively engages in spot and long-term charter commercial business, providing global customers with its expertise and well-known services.

Products and positioning

  • Capesize bulk carriers

  • Panamax bulk carriers

  • Handysize bulk carriers

  • Very Large Crude Carriers

  • Chemical tankers / oil tankers

  • Product tankers

  • Container ships

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