CMES Orders RMB 1.79bn Suezmax DP Shuttle Tankers in Strategic Offshore Move

first foray into the DP shuttle tanker sector, traditionally dominated by offshore logistics rather than standard crude trading. The deal includes one firm vessel and an option for a second, with delivery expected in 2028. CMES revealed that the investment is anchored by a long-term time charter to support a deepwater offshore development project for a core customer. This move is expected to diversify CMES’s portfolio by pairing newbuilds with stable, contract-backed revenue, and demonstrates a cautious approach with an initial ship and a potential expansion based on operational success.