COSCO Shipping Heavy Industry Wins Tanker Duo Order (07 OCT 2019)

China’s COSCO Shipping Heavy Industry has signed an agreement for the construction of two 49,900 dwt crude oil tankers.

Under the deal, agreed with compatriot COSCO Shipping Energy Transportation, the Dalian shipyard would build and deliver the units by September 2021.

The parties said that the units have a value of around USD 33.9 each. The shipbuilding contract was signed in Shanghai in late September 2019.

COSCO Shipping Heavy Industry noted that the tankers feature reduced fuel consumption, low-carbon environmental protection, hull optimization and strong cargo suitability compared with the existing similar vessels.

World Maritime News Staff; Image Courtesy: COSCO Shipping Heavy Industry