Empire Chemical Tankers in for up to six tankers at Hyundai Vinashin

Empire Chemical Tankers from Greece has ordered four firm MR tankers at Hyundai Vinashin in Vietnam.

The contract comes with options for two more identical 50,000 dwt vessels with deliveries slated in 2023. Brokers put the price of each ship at $38.5m.

Empire Chemical Tanker Holdings was formed in Piraeus in 1977. Its website lists three chemical tankers in operation today.

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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