Socatra of France has signed an order for two tankers in China.

The Bozzoni family-owned company has struck a deal with state-owned Guangzhou International Shipyard for the 40,000-dwt MR1 product tanker newbuildings.

Looming tonnage crisis could extend life of tankers, says Socatra’s Laurent Bozzoni
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According to industry sources, GSI is slated to deliver the pair in 2027.