Dynacom Tankers linked to LR1 order in China

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Dynacom Tankers is reported to have placed an order in China for 4 newbuildings.

Specifically, the Greek shipping firm will build four 75,000 dwt panamax LR1 product carriers at Yangzijiang Shipbuilding, according to a TradeWinds report. The price of the order has not been revealed, however, it is believed that theprice of each vessel could approximate USD 55 million. Delivery of the vessels is slated between 2026 and 2028.