Cosco confirms Chandris’ kamsarmax to aframax swap

Cosco confirms Chandris’ kamsarmax to aframax swap

Cosco Dalian shipyard has confirmed that Greece’s Chandris has cancelled one of its two 82,000-dwt bulk carriers on order and replaced it with an order for two aframax tankers, as previously reported by Splash.

Cosco did not reveal the owner in today’s exchange filing, but Splash reported in October that the Greek shipowner had made the switch, having originally ordered two kamsarmaxes at the Chinese yard for delivery in March and June 2016.

Construction of the bulker due to arrive in the second quarter next year will continue as scheduled; the bulker to arrive in the third quarter has been cancelled, Singapore-listed Cosco said today.

Instead, the shipyard is to build two 113,000-dwt oil tankers for the shipowner for an undisclosed price.

The first aframax is scheduled for delivery in November 2017, the second is set to arrive in March 2018, Chandris told Splash, which Cosco confirmed today. Both vessels will be 250 metres long.

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.

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