Tianjin Southwest Maritime orders VLEC pair for Zhejiang Satellite charter

Tianjin Southwest Maritime has entered into shipbuilding contracts with Jiangnan Shipyard for the construction of two 98,000 cu m VLECs for a long-term charter contract with Zhejiang Satellite Petrochemical. Last month, Satellite Petrochemical fixed an additional six VLECs through new orders for four newbuildings at Hyundai Heavy Industries and Samsung Heavy Industries and a 15-year …

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