Xin Yuan Ocean Orders Tanker from Compatriot Shipyard

Image Courtesy: Fujian Mawei Shipbuilding

China-based shipowner Xin Yuan Ocean has opted to order a small dirty tanker, with an option for another vessel of the same kind, from a compatriot shipbuilder Fujian Mawei Shipbuilding.

According to data provided by VesselsValue, the company placed the order for the new ship on June 7.

The vessel in question will feature 7,500 dwt and is expected to join its owner in 2018, while its sister ship, if ordered, would be delivered in 2019.

Although the financial details of the agreement were not disclosed, VesselsValue informed that the ships have a combined market value of around USD 22 million.

Xin Yuan Ocean currently operates one small dirty tanker, the 8,000 dwt Rostella. Built by China’s Quingshan Shipyard, the vessel, which has a market value of USD 17.8 million, was delivered to the company in April 2017.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Aug 2017 >>
MTWTFSS
31 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Shipping2030 Asia

This year Shipping2030 Asia will take place with Global Liner Shipping conference, offering attendees unique access to networking with the container shipping industry…

read more >

Indonesia Marine & Offshore Expo (IMOX) 2017

Indonesia Marine & Offshore Expo (IMOX) 2017, Batamis an international maritime and offshore industrial event that brings an international…

read more >

Salvage & Wreck Asia

Could your business be affected by shipwreck? Are you a salvage professional or a wreck removal expert? …

read more >

DSM17

Donsö Shipping Meet 2017 is an all inclusive exhibition. Meals, electricity, meeting schedule and banquette dinner is included…

read more >