Shanghai North Sea Shipping has ordered three 55,000-dwt MR crude tankers from China’s Guangzhou Shipyard International shipyard.

The three tankers are set for delivery in 2017 in March, June and September respectively, yard records show.

The Chinese owner currently operates a fleet of seven tankers, consisting of four aframaxes, an LR1 product tanker, and two MR tankers for dirty petroleum products. The fleet has an average age of six years.

Shanghai North Sea Shipping is owned by CNOOC Chemical Import and Export Co (30% ownership); China Offshore Oil Services (Hong Kong) (10%), Shanghai Shipping (Group) Company (20%), Sinochem International Corporation (20%), and Yinbang Overseas Investment Company (20%).