Greater ChinaTankers

Dingheng Shipping to sell chemical tanker at auction

Photo of Jason Jiang Jason JiangNovember 17, 2017
17 Less than a minute

Chinese tanker owner Shanghai Dingheng Shipping has commissioned Ningbo Ship Exchange Market to sell 2006-built chemical tanker  Ding Heng 7 via an online auction on November 23.

The starting auction price for the 2,092 cu m vessel is RMB9m ($1.36m).

Shanghai Dingheng Shipping commenced a significant fleet expansion in October, having ordered 16 chemical tankers at Ningbo Xinle Shipbuilding including six under a 10-year bareboat charter arrangement, and it is also in negotiations with the shipyard for an additional order of ten 6,000 dwt tankers.

Dingheng Shipping currently operates a fleet of over 20 small chemical tankers and it is also set to take delivery of six chemical tankers before the end of this year.

Photo of Jason Jiang Jason JiangNovember 17, 2017
17 Less than a minute
Photo of Jason Jiang

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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