Stolt-Nielsen Limited has announced that its Joint Venture between NYK Line and Stolt Tankers (NYK Stolt Tankers, or ‘NST’) 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 2023. 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 savings devices and shore power connection. They can also be retrofitted for battery and methanol propulsion, supporting Stolt Tankers’ commitment to the energy transition.
This order reflects a strategy to maintain scale of the company’s core 38,000dwt tonne fleet by adding newbuildings not otherwise available in the second-hand market in a capital efficient way through our NST joint venture. These newbuildings will replace ships retiring from the fleet from 2026.
