Penglai Zhongbai Jinglu Ship Industry has joined the MR tanker bandwagon with orders from Raffles Shipping.
The Chinese shipyard disclosed that it has secured an order for two 50,000-dwt product/chemical tanker newbuildings from the Singapore shipowner.
Contract signing took place last week at the shipyard.
The price was not disclosed, although shipbuilding players familiar with the deal said the newbuildings are IMO type 2 chemical tankers and suggested they will cost less than $33m each.
