China's new tanker owner Dalian Hezhong Shipping is eyeing a fleet of up to 20 chemical tankers by 2015.
The new shipping company was established by Dalian Port & Shipping Industry Fund (DPSIF) this year.
It has already acquired compatriot tanker owner Shanghai San Han Shipping, which ordered four 2,450-dwt tankers at state-owned shipyard CSSC Chongqing Chuangdong Shipbuilding Heavy Industry Corp for around $12m each in August.
The newbuilding quartet will be delivered in 2013 and 2014.
DPSIF is reportedly planning to raise CNY 5bn to develop port and shipping projects.
Published : October 17, 2012
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