Tianjin Sea under a single custom-made VLCC • LNG ship

According to IHS news, Tianjin Maritime joint first with China Petroleum & Chemical Corporation, a subsidiary of China International Petroleum & Chemical Co., Ltd. (hereinafter referred to as joint Sinopec) signed a new office supertanker (VLCC) of long-term charter contracts, at the same time, and Shanghai Zhenrong Petroleum Co. signed a long-term charter contracts LNG ship.

Tianjin Sea was in August 2013, said the company plans to raise 12 billion yuan of funds through private placement after the custom-made four LNG vessels and 10 VLCC, then, this year, in April and Dalian Shipbuilding Industry Group Co., Ltd. (ship Heavy) signed a four-stage LNG ship construction 160000-175000CBM Letter of Intent (LOI), each ship or fixed price one hundred million U.S. dollars to 200 million -2.3 level.

It is reported that Tianjin Maritime still June this year and ship Heavy Industries signed two letters of intent to build 320000DWT class VLCC (LOI), delivery conditions for late 2016 and early 2017, the construction contract is expected to come into effect before the end of October.