SHI Wins Order for Arctic Shuttle Tankers

October 8, 2014

 

Samsung Heavy Industries won an order amounting to USD 440 Million for Three Arctic Shuttle Tankers from a European shipper.

 According to sources the order is from Russia’s state shipping firm Sovcomflot.

The shuttle tankers will have a capacity of 42,000 dwt each and the newbuildings are scheduled to be completed by April 2017.

With the latest deal, SHI has a combined total of $5.9bn in orders, and more orders are expected later this year, according to the shipbuilder.

In July this year, SHI clinched a similar order worth $440m to build a trio of shuttle tankers for Sovcomflot.

Logistics News

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Subscribe for Maritime Logistics Professional E‑News

PJM Selects 51 US Projects for Additional Power Generation Capacity
Stocks rise on positive jobs data and signs of trade tensions easing
Data and sources say that the last Chevron chartered vessel is returning oil cargo to Venezuela.