China Shipping Industry (Jiangsu) has inked a deal with Trade and Transport from Greece on the construction of two LR2 tankers and two Suezmax tankers.
The 114,000 dwt LR2 tankers in this deal are 250 m long, 44 m wide with draft of 13.5 m, and adopt Man B&W 6G60ME-C9.5 as the main engine. The 158,000 dwt Suezmax are 274 m long, 48 m wide with draft of 16 m, and adopt MAN B&W 6G70ME-C9.5 as the main engine, according to a source from eworldshipping.com.
The four tankers are designed by Marine Design & Research Institute of China (MARIC). Their low fuel consumption and eco-friendly design can meet the requirements for tankers and special vessels by ExxonMobil, the company said.
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All four tankers are scheduled to be delivered in the second half of 2017.
Callimanopulos, the parent company of Trade and Transport, has placed a total of eight tankers at China Shipping Industry, including 2+2 Suezmax and 2+2 Aframax. The total price of these eight tankers amounted to USD440 million – USD50 million for each Aframax and USD60 million for each Suezmax – the source from eworldshipping.com revealed, and the newbuildings are expected to be delivered in 2017.
This post was sourced from IHS Maritime 360: View the original article here.