Zhejiang Chengzhou to build two products carriers

22 September 2011 (Last Updated September 22nd, 2011 18:30)

China's Zhejiang Chengzhou Shipbuilding has received an order from Singapore's Panoil Tankers to build two small products carriers.

China’s Zhejiang Chengzhou Shipbuilding has received an order from Singapore’s Panoil Tankers to build two small products carriers.

Panoil Tankers is a ship-owning arm of bunker supplier Panoil Petroleum.

The 4,800-dwt vessels are scheduled to be delivered in June and July 2012, according to asiasis.com.

Zhejiang Chengzhou is currently building one small bunkering tanker for Panoil which is scheduled for delivery by the end of 2011.

The company has not disclosed the value of the order.