China Merchants Energy Shipping (CMES), one of the world’s largest VLCC owners, is planning to sell more aged non-eco tankers as part of its long-term fleet strategy.
The Shanghai-listed shipowner revealed in a recent exchange filing that it would sell of some tankers with inferior fuel efficiency, without identifying the ships.
“The disposal would be in line for our fleet development [over the next five years] as we seek to meet new international decarbonisation rules and pursue green shipping,” said CMES, which owns over 50 VLCCs.
