Overseas Shipholding To Purchase Two VLCCs
Overseas Shipholding Group Inc. on Tuesday said it will buy two very large crude oil carriers (VLCCs) from Bergesen D.Y. ASA for a total of $156 million, through its joint venture with Frontline Ltd. and Euranov Luxumbourg SA. The purchase of the two additional vessels from Bergesen will bring the number of new vessels acquired from Bergesen by the joint venture to six. Overseas Shipholding said four of the ships will be delivered over the next two months and the remaining two will be delivered in February and July next year. The joint venture, known as Tankers International LLC, has acquired a total of seven modern vessels over the past year. Each company holds a one-third interest in the venture.
Bergesen To Buy LNG Carrier From Daewoo
Bergesen D.Y. ASA plans to buy a liquefied natural gas (LNG) carrier from South Korea's Daewoo Heavy Industries Ltd. for approximately $150 million, company officials said. Under the preliminary agreement, the vessel would have a capacity of 138,000 cu. m. and be delivered in the first quarter of 2003, officials said. The final agreement is expected to be signed by early April 2000. Bergesen will also have an option to order an additional LNG-carrier for delivery in the second half of 2003.
Nor-Shipping Product Round-Up
Tribon.com recently released its newest version, 6.0, for easier attainment of information. The new layout presents the relevant product information in a clear and user-friendly overview on the screen making it easy for ship designers to search and find suppliers' product information. Some of the new features are: a new presentation of search results based on product types, a more intuitive product presentation page, easily accessible search tips and help for the Browse Search and Free Search functions, modified system menu to provide a better overview and quicker access to pages and functions and general layout is improved to give a better overview.
