Singapore’s Hong Lam Marine has been linked to the purchase of a chemical tanker newbuilding that was originally ordered by Xihe Group.

Industry sources said the bunker tanker owner has acquired the 13,800-dwt chemical tanker — identified as Hull No MW511-6 — from Fujian Mawei Shipbuilding.

Hong Lam is said to have paid $12m for the vessel, which will be built to the International Maritime Organization’s Type 2 chemical handling standards.