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S. Korea's Daewoo signs VLCC deal with Greece
(MENAFN) South Korea's shipbuilder Daewoo Shipbuilding & Marine Engineering Co. announced that it signed a deal to build two oil tankers for a Greek company, Yonhap News reported.
Per terms of the agreement with Maran Tankers Management, a unit of Greece's largest shipper, Angelicoussis Shipping Group, Daewoo Shipbuilding plans to deliver the tankers by early 2017.
The company didn't disclose the financial terms of the contract. Daewoo Shipbuilding said it also signed a separate deal with Angelicoussis in April to build two very large crude carriers (VLCC).
The latest deal will raise the number of ships delivered or to be delivered by the South Korean shipbuilder to the Greek company and its affiliates to a total of 84 since their first deal in 1994.
Per terms of the agreement with Maran Tankers Management, a unit of Greece's largest shipper, Angelicoussis Shipping Group, Daewoo Shipbuilding plans to deliver the tankers by early 2017.
The company didn't disclose the financial terms of the contract. Daewoo Shipbuilding said it also signed a separate deal with Angelicoussis in April to build two very large crude carriers (VLCC).
The latest deal will raise the number of ships delivered or to be delivered by the South Korean shipbuilder to the Greek company and its affiliates to a total of 84 since their first deal in 1994.
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