Construction of the 38,000 DWT Stainless Steel Chemical Tanker (No. 5) Commences

On the morning of July 21, Wuhu Shipyard held a steel cutting ceremony for the 38,000 DWT stainless steel chemical tanker (No. W23105) built for Stolt Tankers. Representatives of the Owner's site team, surveyors from Lloyd's Register (LR), and key members of the Company's project team attended the ceremony. As the first steel plate was precisely cut by the intelligent laser cutting equipment, it marked the official commencement of the physical construction phase for the fifth vessel of this series.

At the ceremony, the Owner's representative gave high recognition to the project's preparatory work and expressed great expectations for the continued stable long-term strategic cooperation between both parties. The smooth commencement of vessels No. 1 through No. 5 of this series in succession fully demonstrates the Company's capability in batch project execution and overall management control. It also further solidifies the foundation of in-depth cooperation with Stolt Tankers and accumulates valuable practical experience for the construction and delivery of the remaining vessels in the series.