Tianjin Southwest Maritime enters VLEC sector with order at Jiangnan Shipyard

China’s Tianjin Southwest Maritime (TSM) has joined the VLEC sector by signing up for two 99,000-cbm newbuildings at Jiangnan Shipyard.

A shipbuilding player familiar with the deal confirmed the order, saying Jiangnan is scheduled to deliver the ships in the final quarter of 2022. The deal does not include any options.

News of TSM's order was first reported in TradeWinds last month.