Jaldhi Overseas in Singapore has returned to China’s Jiangsu Yangzi-Mitsui Shipbuilding (Yangzi-Mitsui) for newbuildings.
The Singapore-based shipping company which currently owns a single tanker — the 19,805-dwt Jal Siddhi (built 2006) has commissioned Yangzijiang Shipbuilding and Japan’s Mitsui Engineering & Shipbuilding, a joint venture yard, to build four 50,000-dwt MR tankers.
Jaldhi’s president and CEO Suresh Kumar confirmed the tanker contract at Yangzi-Mitsui.
