The contract signed in Shanghai is for tankers of 250 meters in length, a depth of 21.3 meters and a beam of 44 meters. The first vessel is scheduled for delivery by the end of 2020.
Union Maritime is a UK based ship owner and operator with a diversified fleet of vessels covering crude oil, clean products and dry bulk cargoes.
Cosco Shipping Heavy Industry (Zhoushan) has been enhancing its oil tanker building capacity in recent years. The company has successfully delivered a 152,000 oil tanker, 111,000d wt crude/product oil tanker and 113,000 dwt crude oil tankers.