Jiangnan Shipbuilding, a subsidiary of China State Shipbuilding Corporation (CSSC), has secured a new contract for the construction of up to four 93,000 cubic meter (cbm) very large ammonia carriers (VLACs), reports Offshore Energy.
Contract signed
Namely, Jiangnan Shipbuilding signed a contract with Singapore-based company specializing in vessel chartering and logistics solutions Jaldhi Overseas, part of Bothra Group, for two 93,000 cubic meter VLACs on August 14.
LoI signed
The parties also signed a letter of intent (LoI) for the construction of additional two VLACs with the same capacity.
Additional details on contracts’ value or ships’ delivery dates were not revealed.
For the Chinese shipyard, this is the second shipbuilding deal involving VLACs in less than 30 days.
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Source: Offshore energy
