Cosco splashes over $400m on six tanker newbuildings

Contracts break four-year order drought

Cosco Shipping Energy Transport’s 109,500-dwt aframax tanker Mei Lin Wan (built 2012), docked in Singapore.
Cosco Shipping Energy Transport’s 109,500-dwt aframax tanker Mei Lin Wan (built 2012), docked in Singapore.Photo: Jonathan Boonzaier