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 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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