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NYK Stolt Tankers orders six 38,000 dwt chemical tankers

NYK Stolt Tankers orders six 38,000 dwt chemical tankers
Part of Stolt-Nielsen Ltd (SNL), Stolt Tankers operates the world's largest fleet of chemical tankers (photo courtesy SNL).

Norway-headed Stolt-Nielsen Ltd (SNL) has announced that its shipping joint venture between Japan-headed shipping major NYK Line and Stolt Tankers, NYK Stolt Tankers (NST), has reached an agreement with Nantong Xiangyu Shipyard in China to build six 38,000 dwt 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 2023.

The ships feature 30 cargo tanks, offering a range of cargo flexibility, and are designed to maximize fuel efficiency using a wide range of energy-saving devices and shore power connections.

I’m pleased to announce this order for six 38,000 deadweight tonne chemical tankers with our long-standing joint venture partner NYK Line. These newbuilds 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 the scale of our core 38,000 deadweight tonne fleet by adding newbuilds not otherwise available in the second-hand market in a capital-efficient way through our NST joint venture. I would like to thank and congratulate the team at Stolt Tankers, our partners at NYK Line, and the Nantong Xiangyu Shipyard for completing this important transaction, said Udo Lange, CEO of Stolt-Nielsen.

The vessels can also be retrofitted for battery and methanol propulsion, supporting Stolt Tankers’ commitment to the energy transition.

I am pleased to have reached this newbuild order with Stolt Tankers, our long-time partner for over 30 years. By replacing the vessels with more fuel-efficient ones, we can provide stable transportation services to our customers while promoting an energy transition. The cooperation of concerned parties for the completion of vessels is needed, and I am confident that the teams of Stolt Tankers, NYK, and Nantong Xiangyu Shipyard will be able to accomplish this task, said Hironobu Watanabe, NYK Line Managing Executive Officer and Chief Executive of the company’s Energy Division.

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