Aegean Shipping orders third Aframax tanker from Chinese builder

Photo: Aegean Shipping

Aegean Shipping Management of Greece has exercised the option for the acquisition of a third vessel in continuation of the agreement with COSCO Heavy Industry Yangzhou for the construction of two plus one Aframax tankers.

At the same time, a letter of intent (LOI) was awarded to COSCO for an additional fourth vessel in the same series.

The four vessels will be delivered sequentially between June 2022 and March 2023.

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