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30 October 2026

China Merchants tanker arm targets Yangtze fleet renewal

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Source reporting: Splash247

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China Merchants tanker arm targets Yangtze fleet renewal

China Merchants-controlled Nanjing Tanker is planning to invest up to RMB191. 72m ($28. 7m) in ten 4,000 dwt crude oil barges as it moves to upgrade its fleet serving refineries along the Yangtze River. The Shanghai-listed owner has approved the investment through wholly owned subsidiary Nanjing Yangtze River Oil Transport Logistics, with Hunan Jinhang Shipbuilding selected to …

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