Greater China

Tianjin Marine fixes charters for newbuilds

Dalian: Tianjin Marine Shipping (TMSC) has sorted out contracts of affreightment (COA) with Unipec for its series of VLCC newbuilds. It has also signed contracts with Shanghai Zhen Rong Petroleum for its planned fleet of LNG carriers.

TMSC announced plans 13 months ago to order 10 VLCCs and four LNG carriers. Dalian Shipbuilding Industry Co (DSIC) is building the LNG carriers while the newbuild contract for the VLCCs has yet to be made public.  [17/09/14]

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