Essberger firms up two more chemical tanker newbuilds

AI Summary

German chemical tanker operator John T. Essberger has exercised options for two additional vessels at China Merchants Industry Yangzhou Dingheng, increasing their newbuilding program to eight ships. This decision converts the first option pair of a multi-ship deal signed in December 2025, boosting the yard's output.

German chemical tanker owner John T. Essberger has exercised options for two more vessels at China Merchants Industry Yangzhou Dingheng, lifting the company’s newbuilding programme to eight ships. The latest move converts the first option pair attached to the two-plus-two-plus-two deal signed in December 2025. The programme at the Chinese yard now stands at four …