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Penglai Zhongbai Jinglu Ship Industry inks tanker pair with Raffles

Photo: Penglai Zhongbai Jinglu Ship Industry Penglai Jinlu Rallfes Shipping_.jpg
Penglai Zhongbai Jinglu Ship Industry has signed contract with Raffles Shipping International for the construction of two 50,000 dwt product oil/chemical tankers.

It is the first shipbuilding project signed between Penglai Zhongbai Jinglu Ship Industry and Raffles Shipping International and is seen as strengthening its position in overseas markets.

The tanker newbuilds are due for delivery in late 2021.

Penglai Zhongbai Jinglu Ship Industry, located at China’s Shandong province, was established in April 2006. The shipyard is engaged in shipbuilding, ship repair, and offshore engineering equipment manufacture.