Shipping & Ports
Nanjing Shenghang to Invest $148m in Six Chemical Tanker Newbuilds
Shenzhen-listed Nanjing Shenghang Shipping has lined up an order for six stainless-steel chemical tankers at China Merchants Nanjing Shipyard.
Chinese vessel operator Nanjing Shenghang Shipping is advancing its fleet renewal programme through a major newbuilding commitment. The Shenzhen-listed carrier plans to spend CNY 994.8 million ($148 million) to construct six chemical and product tankers.
The planned vessels will each have a capacity of 13,500 dwt and feature stainless-steel cargo tanks. Construction for the entire series has been arranged with China Merchants Shipbuilding Industry Group Nanjing Shipyard.
Each ship in the order is priced at CNY 165.8 million ($24.7 million), inclusive of taxes. The investment will support the company's long-term fleet modernization efforts in the chemical tanker sector.
Source attribution
This report was written by the Global Freight editorial desk based on material published by Splash 247. It is an original summary and analysis, not a reproduction of the source text. Figures and claims are limited to those present in the source material.
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