Navigazione Montanari seals tanker newbuilds in China

Italian owner Navigazione Montanari is renewing its tanker fleet with a pair of MR1s at Singapore-listed Chinese yard Yangzijiang Shipbuilding. The Fano-headquartered company listed on VesselsValue with 17 ships and an average age of about 15 years has booked the 41,000 dwt duo at about $42m each, according to brokers, with delivery expected in 2027. …

splash247