Shell signs for 10 product tankers in China

Shell has tapped the Chinese newbuilding market for MR2 product tankers worth around $480m. Shipbuilding sources have placed the UK supermajor behind a deal for ten 50,000 dwt newbuilds worth $48m each at CSSC Guangzhou Shipyard International (GSI). The conventionally-fuelled ships are expected to enter service between 2027 and 2028. The deal follows on from …

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