Singapore-based Raffles Shipping has turned to Wuchang Shipbuilding for a series of handysize tankers that effectively replaces an earlier order signed with Jinhai Heavy Industries that never got off the drawing board.
Chinese shipbuilding sources this week revealed that the Wilmar International-affiliated shipowner has lined up a contract for up to six, 19,700-dwt, IMO type 2 product/chemical tankers.
Sources familiar with the deal say it includes two firm vessels set for delivery in the first and second quarters of 2020, with options for up to four more ships in sets of two each.
