Xingtong Shipping to Build Four 13,000 DWT Chemical Carriers

with the company's "1+2+1" strategic development plan to enhance its international chemical shipping capacity and fleet structure. The vessels will be fueled conventionally and are planned for delivery in 2029. The investment will be funded through the company's own capital and bank loans, excluding any raised funds. The board unanimously approved the project on 29 Apr 2026, with no need for shareholder approval. Xingtong Shipping highlighted that the investment is not a related-party transaction nor a major asset restructuring. The company will monitor global market risks and regulatory changes to ensure sustainable operations.