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

Shipbuilding: DHT Accepts New VLCC

Shipbuilding: DHT Accepts New VLCC

Lee Wise Named President of W.S. Darley & Co.

Lee Wise Named President of W.S. Darley & Co.

Russia Attacks Damage Ukrainan Civilian Ship, Black Sea Port Facilities

Russia Attacks Damage Ukrainan Civilian Ship, Black Sea Port Facilities

Cocoa Prices Jump as Ivorian Port Arrivals Crawl

Cocoa Prices Jump as Ivorian Port Arrivals Crawl

Subscribe for Maritime Logistics Professional E‑News

US sanctions renewed against Venezuela's oil sector
After power failure, passengers of the Channel Tunnel Rail face a second day of disruption
Police in Finland say that Finland has made progress with its investigation of cable breaches