New Dayang Shipbuilding, a prominent Chinese shipbuilder known for its expertise in dry bulk vessels, has secured its first contract for product tankers. The company, part of the state-run Sumec Group, will construct four Medium Range (MR) tankers for undisclosed “world-renowned shipowners.” This marks a significant expansion for New Dayang, which has primarily focused on … Continue reading New Dayang Shipbuilding Expands into Tanker Market