Tianjin Marine Inks LOI with DSIC for 4 LNG Tankers

Tianjin Marine, a unit of HNA,  signed a letter of intent with Dalian Shipbuilding Industry (DSIC) for the construction of four LNG tankers with a capacity of between 160,000-175,000 cbm.

The LNG tankers will cost between $200m and $230m each, and Tianjin Marine will confirm with DSIC on firm orders within six months, the company said in a filling to the stock exchange.