CMB.TECH linked to tanker newbuilds in China

Antwerp-based owner and operator CMB.TECH has been tied to a newbuilding deal in China for up to five tankers. The Saverys family-led group has reportedly returned to Qingdao Beihai Shipyard for one VLCC and two firm plus two optional suezmaxes. Brokers estimate the VLCC newbuild at around $135m, while the suezmaxes are costing $96m apiece. …

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