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China’s shipping industry confirms new tanker orders

By Moshood Aliyu, with agency report
21 July 2015   |   11:41 pm
CHINA shipping industry (Jiangsu) has concluded a deal with Trade and Transport from Greece on the construction of two LR2 tankers and two Suezmax tankers. The 114,000 dwt LR2 tankers in this deal are 250 m long, 44 m wide with draft of 13.5 m, and adopt Man B&W 6G60ME-C9.5 as the main engine. The…

CHINA shipping industry (Jiangsu) has concluded a deal with Trade and Transport from Greece on the construction of two LR2 tankers and two Suezmax tankers.

The 114,000 dwt LR2 tankers in this deal are 250 m long, 44 m wide with draft of 13.5 m, and adopt Man B&W 6G60ME-C9.5 as the main engine. The 158,000 dwt Suezmax are 274 m long, 48 m wide with draft of 16 m, and adopt MAN B&W 6G70ME-C9.5 as the main engine, according to a source from eworldshipping.com.

The four tankers are designed by Marine Design & Research Institute of China (MARIC). Their low fuel consumption and eco-friendly design can meet the requirements for tankers and special vessels by ExxonMobil, the company said.
All four tankers are scheduled to be delivered in the second half of 2017.

Callimanopulos, the parent company of Trade and Transport, has placed a total of eight tankers at China Shipping Industry, including 2+2 Suezmax and 2+2 Aframax. The total price of these eight tankers amounted to USD440 million – USD50 million for each Aframax and USD60 million for each Suezmax – the source from eworldshipping.com revealed, and the newbuildings are expected to be delivered in 2017.

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