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China Merchants Energy Shipping confirms six more VLCC newbuilds

China Merchants Energy Shipping confirms six more VLCC newbuilds
China Merchants Energy Shipping (CMES) has firmed up orders for another six new VLCCs, following an earlier confirmation for four similar ships.

CMES announced it has booked six 308,000 dwt newbuild VLCCs at Dalian Shipbuilding Industry Co (DSIC) at a price tag of $87m apiece, or $522m in total.

The eco-friendly newbuildings are scheduled to be delivered between August 2018 to October 2019.

The latest six newbuild orders are part of CMES 10-VLCC newbuild plan, building on the company’s earlier order for four VLCCs at Nantong Cosco KHI Ship Engineering (Nacks) and Dalian Cosco KHI Ship Engineering (Dacks).