China Merchants Energy Shipping Exercises Buyer Option to Order One Shuttle Tanker

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China Merchants Energy Shipping, through its wholly-owned subsidiary Hai Hong Hong Kong, has exercised a buyer option to order one DPST dynamic positioning shuttle tanker from Dalian Shipbuilding. This order is part of the buyer option in a batch of shuttle tanker construction contracts previously signed with Dalian Shipbuilding. The exercise further advances the fleet renewal and expansion plan.

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