Shanghai North Sea Shipping orders three new tankers

Shanghai North Sea Shipping orders three new tankers

Shanghai North Sea Shipping has ordered three 55,000-dwt MR crude tankers from China’s Guangzhou Shipyard International shipyard.

The three tankers are set for delivery in 2017 in March, June and September respectively, yard records show.

The Chinese owner currently operates a fleet of seven tankers, consisting of four aframaxes, an LR1 product tanker, and two MR tankers for dirty petroleum products. The fleet has an average age of six years.

Shanghai North Sea Shipping is owned by CNOOC Chemical Import and Export Co (30% ownership); China Offshore Oil Services (Hong Kong) (10%), Shanghai Shipping (Group) Company (20%), Sinochem International Corporation (20%), and Yinbang Overseas Investment Company (20%).

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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