Metrostar Orders Aframax Tanker Duo from Daehan

Illustration; Image Courtesy: WSC

Greek shipping company Metrostar Management Corporation has reached a shipbuilding agreement with South Korean Daehan Shipbuilding, according to data provided by VesselsValue.

Under the contract signed between the parties on April 19, the shipbuilder will construct two Aframax tankers and deliver them to the owner in 2018.

Metrostar Management is paying USD 86 million for the two ships, which will feature 114,000 dwt each.

VesselsValue data shows that the vessels have a market value of USD 39.3 million a piece.

The Greek firm earlier purchased a very large crude carrier (VLCC) currently under construction at South Korea’s Hyundai Heavy Industries. The 308,000 dwt vessel is expected to be handed over in June 2017.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Sep 2017 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 1

INMEX SMM India 2017

Combining the forces of Maritime industry’s two biggest events, the unified edition of INMEX SMM India brought together the most exclusive…

read more >

LIQUEFACTION OF BULK CARGOES SEMINAR

GET TO GRIPS WITH:
– Mechanisms behind liquefaction
– Guidelines and regulations for bulk cargoes prone to liquefaction…

read more >

Seatrade Offshore Marine & Workboats Middle East

The largest event for offshore marine and workboat sectors in the region, Seatrade Offshore Marine & Workboats Middle East will, once again, serve as a meeting point for international industry professionals to come together and do business. Our 2017 show promises a wealth of networking opportunities, high-level discussions in our conferences on important industry trends, […]

read more >

The Future-Ready Shipping Conference 2017

The Future-Ready Shipping Conference 2017 – the joint Singapore-IMO International Conference on Maritime Technology Transfer and Capacity-Building…

read more >