Hartnoll’s Eastway makes $320m tanker comeback

Eastway, the shipowning and shipmanagement arm of the Tim Hartnoll-controlled X-Press Feeders/Sea Consortium group, is returning to the tanker market, ordering four suezmax newbuildings in China in a deal worth an estimated $320m. According to Alphaliner, Eastway has contracted Penglai Zhongbai Jinglu Ship Industry to build four 157,000 dwt tankers, with deliveries scheduled for 2029.