Ningbo Marine enters tanker sector with AVIC Dingheng order

Ningbo Marine enters tanker sector with AVIC Dingheng order

Chinese dry bulk operator Ningbo Marine has chosen AVIC Dingheng Shipbuilding as the preferred yard for its newbuild project of a 10,000 dwt product tanker.

According to the tender document, seen by Splash, the price for the vessel is RMB110m ($15.8m) and construction is expected to be completed in 19 months.

The order will mark Ningbo Marine’s entry into the tanker market. According to VesselsValue, the company currently operates a fleet of 36 vessels comprising of 26 bulkers and 10 feedermax boxships.

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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