Seacon Shipping Expands Tanker Fleet with New Chemical Carrier Order

Chengxi Shipyard. The latest newbuild comes at a price of $30.1 million and is scheduled for delivery in late 2025. Additionally, Seacon has four 18,500 dwt vessels on order from Fujian Southeast Shipbuilding, slated for delivery between July 2025 and May 2026, for a total cost of $129.2 million. According to Seacon , this investment aligns with their strategy to optimize the fleet and capitalizes on anticipated market improvements in demand for chemical products. The company expects that expanding its oil/chemical tanker fleet will enhance shipping capacity and better serve market demands, leading to increased revenue and shareholder value. The Qingdao-based company highlighted these developments in a stock exchange filing, emphasizing its commitment to generating greater returns for shareholders through strategic fleet expansion.