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Tankers and Gas Shipbuilding China Merchants Energy Shipping

China Merchants orders five aframaxes amid tanker supercycle

  • CMES has ordered five scrubber-fitted aframax tankers from DSIC for about $369m
  • The vessels will be delivered in 2029 and 2030, supporting the renewal of the Chinese owner’s tanker fleet
  • The deal comes as geopolitical disruption and longer voyages drive aframax earnings above $100,000 per day on key routes

  • News

The 2029-2030 deliveries will renew the Chinese owner’s fleet as geopolitical disruption drives up tanker demand and earnings

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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