New Legend Group Ventures Into Tanker Market

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New Legend Group Expands into Tanker Market

Chinese shipowner New Legend Group is set to move into the tanker market with a newbuilding order at Huanghai Shipbuilding.
The company has inked a contract for two plus two MR tankers at Huanghai Shipbuilding.

Order Details

The first pair of 50,000 dwt tankers are scheduled for delivery between the end of 2026 and 2027. Measuring in 182.75 metres long and 32.2 metres wide, the tankers will be able to transport seven types of cargo at the same time.

Company Background

New Legend Group is the largest private shipping and logistics service providers in north China, currently runs a fleet of twelve vessels including bulk carriers and multi-purpose vessels.

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Source: SeaTrade Maritime