A.P. Moller Places Tanker Order

Friday, May 26, 2000
A.P. Moller has placed an order for four product tankers with Guongzhou Shipyard International in Hong Kong. Including options, the contract brings the number of new product tankers ordered by A.P. Moeller up to 16. Three vessels in this series had already been delivered and put into traffic.

The four new 34,999 dwt product tankers to be built by Guongzhou will have a capacity volume of 39,900 cu. m each and are to be delivered in 2001.

A.P. Moller also confirmed an earlier reported order for a new jack-up oilrig. The rig, to be built by South Korean Hyundai Heavy Industries in Ulsan, would be the biggest of its kind in the world.

The 25,700-ton oilrig with capacity to drill in water depths of up to 150 m will be delivered in summer 2002. The order was reported to be worth $300 million.

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