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China Tankers and Gas VLCC

China Merchants orders two eco VLCCs at DSIC

One of the newbuilding pair will be fitted with a hard-sail propulsion system used to generate extra power and save fuel consumption. The two vessels are priced at about $166m in total

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Deal follows a contract for four VLCC newbuildings signed separately between the two parties in November

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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