MAC Shipping is rebuilding and expanding its fleet with newbuildings.
The Singaporean company has ordered four duplex 25,900-dwt stainless steel chemical carriers at China’s Jiangxi New Jiangzhou Shipbuilding Heavy Industry for delivery in 2026.
A company official confirmed the order and said the quartet forms part of its fleet expansion programme.
MAC Shipping did not disclose the cost, but one shipbuilding expert said the current price of the ship type is close to $50m.
They will meet the International Maritime Organization’s Tier III NOx standards and the Energy Efficiency Design Index Phase 3 specifications.
The ships will be the largest stainless steel chemical tankers that Jiangxi New Jiangzhou has built.
MAC Shipping was established in 2021. It began with breakbulk vessels but shifted its focus to chemical tankers a year later.
The company originally owned a fleet of four vessels — the 12,500-dwt Mac Singapore, 19,900-dwt Mac Jakarta (both built 2001), 20,000-dwt Mac London (built 2003) and 19,700-dwt Mac Tokyo (built 2006). But it sold the first two of those early this year.
Databases show that the Mac Singapore is now owned by an Indonesian company called Korindo, while the Mac Jakarta has been renamed Easline Guangzhou and is owned by Tianjin Maritime.
Based in Jiujiang city, Jiangxi, New Jiangzhou was formerly called Jiangzhou Union Shipbuilding.
The shipyard was launched in March 2023 with registered capital of CNY 50m ($6.9m). It is backed by Singapore-listed Yangzijiang Financial subsidiary Jiangsu Yangchuan Investment Development and Qinshi Group, which controls Bestway Marine & Energy Technology.
The former Jiangzhou Union ran into financial difficulties and stopped operating in 2018.
Clarksons’ Shipping Intelligence Network shows the reborn Jiangzhou New Jiangxi has 19 newbuildings on its orderbook.
It is building 13,800-dwt stainless steel chemical tankers for Singapore’s OM Maritime and Alita Shanghai, a series of 12,000-dwt multipurpose general cargo vessels with Germany’s Candler Schiffahrt, and others.
Yangzijiang Financial also has two shallow-draught 8,300-dwt intermodal bulk carriers under construction at the yard, due for 2025 delivery.
