Samsung Wins Tanker Contract

Tuesday, November 15, 2005
According to a Korea Herald report, Samsung Heavy Industries Co. won a $422.5 million deal to build three arctic tankers for Russian state-owned shipper Sovcomflot. Samsung is the first Korean shipbuilder to receive an order for ice-breaking oil-carriers. Sovcomflot plans to operate the artic tankers over the Barents Sea between the Varandiy oil well in the Arctic Ocean and Murmansk harbor in Russia, according to the report. As oil development in the arctic region progresses, demand for at least 20 arctic tankers is expected by 2015. Source: The Korea Herald

Tanker Trends

NAT Names 2 New Tankers in South Korea

wo new tankers, Nordic Star and Nordic Space, were named August 24 for owner Nordic American Tankers Limited (NAT).   NAT founder and chairman Herbjørn Hansson was present at the naming ceremony,

BV Classes First LNG-fuel Oil/Chemical Tanker

Leading international classification society Bureau Veritas has classed the first LNG-fuelled newbuilding oil/chemical tanker, the 15,000 dwt Ternsund, built under BV class at Avic Dingheng,

SK Shipping Selects 5X72DF for LNG Carriers

Securing the position of its low-speed low-pressure X‑DF engines as market leaders, Winterthur Gas & Diesel (WinGD) has been selected to supply two 5-cylinder X72DF

 
 
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