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Nanjing Tanker books four MRs at GSI

2026-07-21
12

China’s Nanjing Tanker has approved plans to order four MR product and chemical tankers at Guangzhou Shipyard International.

The Shanghai-listed owner, part of China Merchants Group, has set aside up to $182.8m for the 50,000 dwt quartet, equivalent to a maximum of $45.7m per ship. The vessels will be contracted through wholly owned subsidiary Nanjing Oil Tanker (Singapore) or another designated company.

The newbuildings are scheduled for delivery across 2028 and 2029, the filing said.

The vessels will meet IMO Tier III emission requirements and EEDI phase three standards. The design will also be prepared for a future conversion to methanol dual-fuel propulsion.

Chinese shipbuilding media reported that Nanjing Tanker launched a public tender for the ships on June 18, with GSI now selected for the project.

The latest move builds on a long relationship between the two companies. GSI has already delivered more than 10 MR units to Nanjing Tanker, with at least four 49,900 dwt more to come for delivery during 2026 and 2027.

Nanjing Tanker has also booked four 65,000 dwt panamax tankers at GSI in a deal worth about $250m. The China Merchants Group company controls a fleet of more than 70 vessels and has added LR1s, LR2s, chemical tankers and an ethylene carrier to the newbuilding pipeline during its latest fleet renewal drive.

Source:Splash247.com