08-10 October 2024

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NYK Stolt Tankers orders six chemical tankers from Nantong Xiangyu Shipyard

Stolt-Nielsen has announced that its joint venture between NYK Line and Stolt Tankers has reached an agreement with Nantong Xiangyu Shipyard in China to build six 38,000 deadweight tonne stainless steel chemical tankers for delivery between late 2026 and 2029.

These vessels are sisterships to Stolt Tankers’ order of six ships from Wuhu Shipyard announced in November. The ships feature 30 cargo tanks, offering a range of cargo flexibility and are designed to maximise fuel efficiency using a wide range of energy-saving devices and shore power connection. They can also be retrofitted for battery and methanol propulsion, supporting Stolt Tankers’ commitment to the energy transition.

Udo Lange, CEO at Stolt-Nielsen says: ‘These newbuildings will replace ships retiring from our fleet from 2026, ensuring our customers continue to enjoy the flexibility and service quality Stolt Tankers is known for. This order reflects our strategy to maintain scale of our core 38,000 deadweight tonne fleet by adding newbuildings not otherwise available in the second-hand market in a capital efficient way through our NST joint venture.’

‘I am pleased to have reached this newbuilding order with Stolt Tankers, our long-time partner for over 30 years. By replacing the vessels with ones that are more fuel efficient, we can provide stable transportation services to our customers while promoting an energy transition,’ adds Hironobu Watanabe, NYK line managing executive officer and chief executive of the company’s energy division.

Source: Molly Cooper, AntwerpXL

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