Hyundai To Build Two For NOL

Friday, April 28, 2000
Neptune Orient Lines subsidiary American Eagle Tankers Inc. has contracted Hyundai Heavy Industries to build two new VLCCs.

No financial details were given. The two double-hulled vessels, each with a cargo capacity of 352,000 cu. m. are expected to be delivered in 2002.

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Contracts

Offshore Oil: Lamprell Completes Caspian Sea Drilling Unit

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Salamander Energy Updates on SONA Transaction

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Mitsubishi: First-Ever Licensing Deal to Chinese for Marine Propellers

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Tanker Trends

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Nordic American Offshore Declares Dividend

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