SCI Signs for Two VLCCs

Monday, October 31, 2005
boat2

The Shipping Corporation of India Ltd (SCI), today signed contracts with Daewoo Ship Building and Marine Engineering CoLtd of South Korea for building and delivering two Very Large Crude Carriers (VLCCS).

The tankers, to be built at DSME's shipbuilding yard in South Korea, would have a deadweight of about 300,000 tonnes at the design draft of 21.5 metres. The tankers would be built as per the latest and most stringent International Regulations and would be classed with the ABS and IRS Classification Societies. These vessels would join SCI's fleet by end of October 2008 and end-September 2009 respectively, SCI sources said.

The SCI's present fleet stands at 84 vessels aggregating about 2.84 million GT (4.93 million DWT) comprising general cargo vessels, cellular container vessels, crude oil tankers (including combination carrier), product tankers, bulk carriers, LPG/Amonia carriers, acid carriers, passenger vessels and offshore supply vessels.

Acquisition of these crude carriers, which were in line with the SCI's strategy of maintaining a young and modern fleet, will augment SCI's tanker tonnage and strengthen its position in transportation of the country's crude oil requirement, particularly in view of the increasing

bibik@marinelink.com

 

 

  • wart3

    wart3

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

US DOE Approves Oregon LNG Export Project

The U.S. Energy Department said on Thursday it has approved Oregon LNG to export liquefied natural gas, as the Obama administration works through applications to

Kurdistan Says Crude Cargo Near Texas Legally Sold

A $100 million cargo of crude oil in a tanker near Texas was legally shipped and sold by Kurdistan, lawyers for the autonomous region in Iraq told a U.S. court in a letter seen on Thursday,

Kirby Reports Record Q2 2014

Record 2014 second quarter earnings per share of $1.31 compared with $1.11 in the 2013 second quarter, which included a $0.07 benefit due to the reduction of the United earnout liability.

 
 
Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1458 sec (7 req/sec)