ShippingWatch

Scorpio in new giant VLCC order

Just when it seemed that Scorpio had tired of the newbuilding market for 2013, the New York/Monaco-based shipping company has ordered seven VLCC's and eight bulk vessels, for a total price of around USD 850 million.

Scorpio Tankers is placing around USD 650 in the somewhat struggling market for supertankers. In a statement the carrier announces that it has made a deal with Daewoo Shipbuilding and Marine Engineering Co., Ltd. and Hyundai Samho Heavy Industries for the construction of seven VLCC's for a total price of around USD 652.5 million.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs