Guangzhou Shipyard Bags Order for Seven Tankers from Cosco Shipping
Cosco Shipping Energy Transportation (CSET) has placed an order for seven more ships at compatriot Guangzhou Shipyard International Company Limited (GSI), owned by CSSC Offshore & Marine Engineering Company Limited. The order will include two 64,900 dwt crude oil tankers, two 109,900 dwt LR2 vessels and three 114,000 dwt crude tankers, totaling in an investment worth approximately USD 323 million (RMB 2.14 billion.). Expected delivery dates for the two 64,900 dwt panamax crude tankers are on or before 29 February 2020 and 31 May 2020, respectively. The two 109,900 dwt LR2/Aframax clean products/crude oil carriers of 109,900 dead have expected delivery dates of on or before 31 October 2020 and 31 January 2021, respectively.
Stelmar Shipping Delivers M/T Pearlmar
Stelmar Shipping Ltd., announced that it has taken delivery of the M/T Pearlmar, a newly built 69.2 dwt Panamax tanker from the Daewoo Shipbuilding and Marine Engineering Company Limited in South Korea. The first of a series of four sister ships being constructed by Daewoo, the M/T Pearlmar vessel has entered into a previously announced two-year time charter with Adam Maritime Corporation. Including these vessels, Stelmar now has twenty vessels on time charter. Including the three other Panamax tankers and the product tanker, which are all scheduled to be delivered in the first half of 2002, Stelmar has 27 ships with a total of 1,526,178 dwt cargo carrying capacity.
