China’s Tianjin Southwest Maritime (TSM) continues to expand its gas carrier fleet with the company returning to Jiangnan Shipyard for more very large gas carrier (VLGC) newbuildings.
Guangzhou-based TSM has contracted Jiangnan to construct one 86,000-cbm gas tanker for delivery during the second half of 2021. The deal includes one option.
A shipyard executive confirmed TSM’s newbuilding order but declined to disclose the cost of the gas tankers.