Emarat Maritime piles six more tankers onto China orderbook

Dubai-based Emarat Maritime has added another six tanker newbuildings to its rapidly expanding fleet, lining up a series of 74,000 dwt LR1 product carriers in China.

The company’s own fleet register now lists six LR1 newbuildings, with the first two scheduled for delivery in 2029 and the remaining four in 2030.

Shipbuilding database records seen … Menu Greater China Middle East Shipyards Tankers Emarat Maritime piles six more tankers onto China orderbook Adis Ajdin October 13, 2026 0 60 2 minutes read Jiangsu New Hantong Ship Heavy Industry Jiangsu New Hantong Ship Heavy Industry Dubai-based Emarat Maritime has added another six tanker newbuildings to its rapidly expanding fleet, lining up a series of 74,000 dwt LR1 product carriers in China.

The company’s own fleet register now lists six LR1 newbuildings, with the first two scheduled for delivery in 2029 and the remaining four in 2030.

Shipbuilding database records seen by Splash place the sextet at Jiangsu New Hantong Ship Heavy Industry.

Recent comparable Chinese LR1 orders have been running at around $55m per ship.

Kriton Lendoudis-led Evalend paid about $220m for four 74,000 dwt ships at Yangzijiang this summer, while Andriaki was linked to 73,500 dwt units at New Times at $55.1m each.

On that basis, the Emarat sextet would benchmark at around $330m, although its actual contract terms remain undisclosed.

The latest move significantly deepens Emarat’s exposure to the LR1 sector.

Its operating fleet currently includes three older ships of roughly the same size — the 2007-built Dubai Diamond and Dubai Gold and the 2005-built Dubai Green .

Delivery of the six new ships would therefore triple its LR1 fleet.

The deal also takes Emarat’s overall newbuilding pipeline to 22 vessels.

The orderbook includes six 114,000 dwt LR2s at Hengli Heavy Industries, with one due this year and five in 2027, alongside the six latest LR1s.

Menu Greater China Middle East Shipyards Tankers Emarat Maritime piles six more tankers onto China orderbook Adis Ajdin October 13, 2026 0 791 2 minutes read Jiangsu New Hantong Ship Heavy Industry Jiangsu New Hantong Ship Heavy Industry Dubai-based Emarat Maritime has added another six tanker newbuildings to its rapidly expanding fleet, lining up a series of 74,000 dwt LR1 product carriers in China.

The company’s own fleet register now lists six LR1 newbuildings, with the first two scheduled for delivery in 2029 and the remaining four in 2030.

Shipbuilding database records seen by Splash place the sextet at Jiangsu New Hantong Ship Heavy Industry.

Recent comparable Chinese LR1 orders have been running at around $55m per ship.