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 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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