Nanjing Tanker, a tanker unit of China Merchants Group, has announced a plan to order a 3,700 DWT small chemical tanker.

The company has allocated RMB70m ($9.9m) for the newbuild project.

In the meantime, Nanjing Tanker approved a plan to sell its 2007-built Aframax tanker Bai Lu Zhou.

Nanjing Tanker currently operates a fleet of around 60 tankers with a total capacity of 2.24m DWT.