China Merchant Group, the Chinese leading tankers fleet owner, recently has its new tanker delivered from Sumitomo Heavy Industry, Japan.
The christening ceremony was held in Sumitomo's Yokosuka Shipyard. This newly finished Aframax ship is named 'New Advance' and was delivered a month ahead of schedule. 'New Advance' is the first tanker that Merchant Group received after it was listed in Shanghai stock market. With following eleven tankers and seven capsizes to be finished by 2012, China Merchant Group will strengthen its leading role in China resource shipping strategy.
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