Zhejiang Chengzhou Shipbuilding Co., Ltd has just secured a new order for two 4,800dwt product tanker from Singaporean shipowner Panoil Tankers.

The contract price was not revealed till now. The new vessels are scheduled to be delivered by June/July in 2012.

It is reported the shipyard is now building a fuel supply vessel for Panoil Tankers which is for delivery by the end of the year.