Xingtong Shipping lines up six chemical tanker newbuilds

Chinese chemical tanker player Xingtong Shipping has set out to expand its fleet with six stainless steel newbuilds. The Shanghai-listed company said its subsidiary Xingtong Kaicheng Shipping would invest up to RMB1.4bn ($195.5m), excluding tax, in a pair of 25,900 dwt methanol dual-fuel vessels and four 13,000 dwt units. The yard has yet to be …

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