-- COSCO Shipping Energy Transportation (SHA:600026, HKG:1138) ordered two Panamax crude oil tankers for 1.02 billion yuan, according to a Hong Kong filing on Wednesday.
Hong Kong-listed shares of the Chinese shipping company slid 4% on Thursday.
COSCO SHIPPING (Qidong) Offshore, a subsidiary of COSCO SHIPPING Heavy Industry, will build the Panamax ships and deliver them in the fourth quarter of 2028.