Marking another step forward in Chinese efforts to reduce shipping emissions, one of two 307,000 dwt VLCCs ordered yesterday by Hong Kong headquartered China Merchants Group will have an air-lubricated hull and the other a newly-developed auxiliary sail assistance system.
The ships will be built by China Shipbuilding Group’s Dalian Shipbuilding Industry Corporation. The order was signed yesterday in a three-way virtual signing ceremony with participants in Beijing, Dalian and Hong Kong. Those...