Xingtong Shipping's (SHA:603209) subsidiary, Xingtong Investment (Singapore), signed four shipbuilding contracts amounting to 697.3 million yuan, according to a Shanghai bourse filing on Thursday.
The Chinese shipping company agreed to construct four 13,000-deadweight-tonnage stainless steel chemical tankers for Taizhou Maple Shipbuilding, Taizhou Kouan Shipbuilding and Jiangxi Xinjiangzhou Shipbuilding Heavy Industry.
The ships will be delivered between Dec. 30, 2027, and June 10, 2028.
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