Hantong secures four aframax tankers from Cardiff Marine

Hantong secures four aframax tankers from Cardiff Marine

Jiangsu Hantong Ship Heavy Industry has signed shipbuilding contracts with Cardiff Marine for the construction of four 115,000dwt aframax tankers, with two further options. Financial details of the deal were not disclosed.

The ships are designed by Shanghai Merchant Ship Design and Research Institute (SDARI) and deliveries will start from 2017.

Economou-led Cardiff Marine ordered two similar aframax tankers at Hantong in July at a price of $46.5m each.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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