New Chemical Tanker Orders Placed in China

A shipping company based in China has announced plans to expand its fleet with the addition of six new chemical and product tankers. This development represents a significant investment in modernising and increasing the capacity of its maritime operations.

The new vessels will each have a deadweight tonnage of 13,500 dwt and will be constructed from stainless steel. This material choice is standard for chemical tankers, ensuring suitability for transporting a diverse range of liquid cargoes, including various chemical products and refined petroleum products.

The order has been placed with a prominent shipyard in China. The total investment for the six newbuildings is reported to be approximately CNY994.8m, which includes applicable taxes. Each vessel is individually priced at around CNY165.8m.

This fleet expansion initiative is part of a broader programme to renew and upgrade the company's existing fleet. Such investments are common within the shipping industry as companies seek to enhance operational efficiency, meet evolving regulatory standards, and cater to market demand.

The introduction of these new tankers will contribute to the overall capacity for transporting chemicals and refined products by sea. This can support supply chain logistics for industries reliant on these commodities, potentially improving the efficiency and reliability of their distribution networks.

Deliveries of the new vessels are anticipated to commence in 2026, with the full series expected to be in service by 2027. This phased delivery schedule allows for a gradual integration of the new capacity into the company's operational framework.

Such investments in new tonnage reflect ongoing confidence in the demand for specialised maritime transport services within the chemical and product tanker sectors.