Hong Kong’s Tai Chong Cheang Steamship (TCC) is going to Japan instead of South Korea for its latest newbuildings after booking two aframaxes at Namura Shipbuilding and declaring an optional panamax at Imabari Shipbuilding.

The aframaxes will replace a pair of vessels that were said to be under discussion with Korean yards late last year. TCC was then said to be in close talks with DSME and Hyundai Heavy Industries.

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