Cosco Shipping Energy Transportation on Friday (29 December) entered a shipbuilding contract for six methanol-fuelled tankers with Cosco Shipping Heavy Industry, according to a Hong Kong Stock Exchange announcement.
Cosco Shipping Heavy Industry has agreed to design, build, launch, equip and complete at the shipyard, and sell and deliver to COSCO SHIPPING Energy Transportation and Cosco Shipping Energy Transportation has agreed to purchase and take delivery of the tankers.
Three methanol dual-fuel Aframax crude oil tankers with a guaranteed deadweight of 114,200 DWT at structural draught will be constructed in Yangzhou. The delivery of the three tankers is expected to take place on or before 31 December 2026, 30 September 2027 and 30 November 2027, respectively.
Two 64,900 dwt Panamax tankers and a 49,900 dwt MR crude oil tanker will also be built by Cosco Shipping Heavy Industry’s yard in Dalian.
The delivery of the two Panamax tankers is expected to take place on or before 31 October 2026 and 31 December 2026, respectively while the delivery of the MR tanker is expected to take place on or before 30 November 2026.
Photo credit: COSCO Shipping Holdings
Published: 4 January, 2024
