Sponsored By

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.

Lee Hong Liang, Asia Correspondent

December 22, 2015

1 Min Read
Kalyakan - stock.adobe.com

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).

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

Get the latest maritime news, analysis and more delivered to your inbox
Join 12,000+ members of the maritime community

You May Also Like