China Merchants orders VLCC pair at DSIC

China Merchants orders VLCC pair at DSIC

China Merchants Energy Shipping (CMES) has entered into shipbuilding contracts with Dalian Shipbuilding Industry (DSIC) for the construction of two VLCCs.

The order adds to CMES’s order of four VLCCs at the yard last year. The series of ships will join the fleet of China VLCC after delivery in 2021 and 2022. Total price of the latest two vessels is $166.3m.

Both of the ships will be fitted with eco features. One of the ships will be equipped with an air lubrication system while the other will be equipped with a sail propulsion system.

CMES and DSIC completed a test run of the sail propulsion system on its newbuild VLCC New Vitality in 2018.

CMES owns a VLCC fleet of 53 vessels, the largest VLCC fleet in the world.

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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1 Comment

  1. Avatar
    James davidson
    May 19, 2020 at 8:46 pm

    Hi the Japanese had ship with sails as well as a engine in the 60s so this sails engine is nothing new unless run different from the 60s one Jim wavertree L18