Greater ChinaTankers

TCC orders first newbuilds since 2018

Photo of Sam Chambers Sam ChambersApril 28, 2023
596 Less than a minute
TCC

Hong Kong’s Tai Chong Cheang (TCC Group) has signed for two LR2 tankers at Shanghai Waigaoqiao Shipbuilding, marking its first newbuilds for around five years.

The 114,000 dwt ships will deliver in 2026. No price has been revealed for the pair.

The Koo family-controlled TCC and Waigaoqiao have strong relationships. Around the turn of the century, it was TCC which helped the yard develop a capesize design, which became a bestseller around the world.

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Photo of Sam Chambers Sam ChambersApril 28, 2023
596 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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