COSCO books chemical tanker at Wuchang

COSCO Shipping Energy Transportation (CSET) has expanded its tanker orderbook with a single chemical carrier newbuilding. The board of the listed oil and gas shipping business of COSCO Shipping Group has approved the construction a 9,200 dwt stainless steel unit at Wuchang Shipbuilding. The deal, worth about $25m is “conducive to optimising the company’s chemical …