ShippingWatch

Fredriksen orders six supertankers

Shipping giant John Fredriksen has ordered six VLCCs, set to sail for Frontline 2012, according to Tradewinds.

Norwegian shipping magnate John Fredriksen has decided to privately invest in six VLCCs, which he will offer to sail for his own tanker carrier Frontline 2012, according to Tradewinds.

According to the paper, the ships are ordered from the STX Shipyard in Korea for a price of USD 90 million each. The first two vessels will be delivered during the first part of 2017 and then Frontline 2012 has an option for the remaining four ships.

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