Chinese chemical tanker player Xingtong Shipping is expanding its fleet with an order for a series of stainless steel vessels.

The Shanghai-listed company has struck a deal with Wuchang Shipbuilding for up to four methanol dual-fuelled 25,900-dwt ships.

The order involves two firm vessels plus options for two ships, Xingtong told investors.

It said the tankers were booked through subsidiary Xingtong Kaicheng Shipping.