Conti in for Hantong product trio

China’s Jiangsu Hantong Ship Heavy Industry has won an order to build three 74,000 dwt LR1 tankers with Conti of Germany.

The product tankers will deliver from December 2017 and are designed by the Shanghai Merchant Ship Design & Research Institute (SDARI). While no price was revealed, it is thought Conti is paying just over $40m per ship. For Conti, the size of these new ships is something new – its current product tanker mix being made up of aframaxes and handysizes.

As well as tankers, diverse Conti, which turned 45 this year, has many boxships and bulkers in its fleet.



Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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