Union Maritime’s insatiable appetite for newbuildings continues unabated, with the owner adding up to four aframax product tankers to its $1.4bn orderbook.
The Laurent Cadji-led company has commissioned China’s Fujian Mawei Shipbuilding to build two firm 113,600-dwt LR2 tankers and has options for two more.
The deal brings the total of LR2 tankers it has on order to 13, including options.
