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Trafigura orders two VLCCs in breakthrough for Jiangsu New Hantong

The commodity trading company Trafigura is building two VLCCs from the Chinese shipyard Jiangsu New Hantong Ship Heavy Industry, a first for the shipyard.

Katherine Si, China Correspondent

March 5, 2024

1 Min Read
New Hantong
Photo: New Hantong

The 319,000 dwt VLCC pair, meeting the latest IMO environment and energy efficiency standards, is scheduled for delivery in the third quarter of 2026.

It is the first VLCC order that Hangtong has ever received, a breakthrough for the shipyard in large-size tanker construction market. 

VLCC ordering has been limited untl recent months with contracted newbuilds less than 3% of the existing fleet. Most yards capable of building VLCCs only have dock space availabe for deliveries from 2027.

Trafigura aims to have six environment-friendly vessels in its fleet by 2030 collaborating with MAN Energy Solutions on the development of ammonia-engines. 

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About the Author

Katherine Si

China Correspondent

China-based Katherine Si has worked in the maritime industry since 2008 is well-connected with local industry players including Chinese owners and yards.

Having majored in English Katherine started at news portal ShippingChina.com where she rose to become a News Editor. In 2008 she moved to work with Seatrade and has since held numerous positions including China correspondent for Seatrade Maritime Review magazine.

With extensive experience in writing, research and social media promotion, Katherine focuses on the shipping and transport sectors.

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