Shell has returned to the shipbuilding market for MR product tankers.
The energy major has contracted China’s Guangzhou Shipyard International to build 10 conventional marine fuelled 50,000-dwt ships.
The last time Shell was linked to an MR tanker order was in 2021 when Shandong Shipping Corp commissioned 10 newbuildings from New Times Shipbuilding against charter contracts to the oil company.
