IMC Shipping has gone to China for a series of up to eight chemical products tanker newbuildings in a deal potentially worth $280m.
The Singapore shipowner has ordered the ships at CSSC Offshore & Marine Engineering (CSSC OME), previously known as Guangzhou Shipyard International.
The deal is for four firm 55,000-dwt ships plus options for a further four vessels with deliveries due between 2020 and 2021.
