Wuchang Shipbuilding secures order for 4 x 18,500 DWT chemical tankers from Greek shipowner.
2023-04-12 09:00
China State Shipbuilding Corporation (CSSC) Wuchang Shipbuilding recently secured an order for four 18,500 DWT chemical tankers from Greek shipowner Athenian Carriers.
Clarkson data shows that Athenian Carriers' order was signed on March 17th and is expected to be delivered and operational in 2025. The specific ship price has not been disclosed. However, sources suggest that each new vessel costs approximately US$30 million, bringing the total value for the four ships to US$120 million (approximately RMB 825 million).
Athenian Carriers is an oil tanker management company with extensive experience in crude oil and petroleum product transportation. According to information on its official website, the company's fleet currently includes three VLCCs, namely "Athenian Glory", "Athenian Freedom", and "Captain X. Kyriakou".
In recent years, Wuchang Shipbuilding has been dedicated to developing chemical tankers into its main and brand ship types, establishing a specialized chemical tanker design team and a complete process technology system, accumulating rich experience in design and construction. It has successively undertaken and built a series of products with superior performance, addressing critical design technical issues such as overall design of chemical tankers, liquid cargo system design, hazardous area design, and integrated lofting of liquid cargo systems, and resolving key process issues such as manufacturing and installation of duplex stainless steel structures and pipelines, as well as special coating for entire tanks, thereby forming a brand effect.
Including the latest order, Clarkson's data shows that Wuchang Shipbuilding currently holds a total of 28 vessels totaling 336,600 DWT in its orderbook, including 12 chemical tankers, 6 container ships, 3 deck carriers, and 4 anchor handling tug supply (AHTS) vessels, with delivery times extending until 2025.
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