BP Shipping orders 14 product tankers from Mipo

The oil company joins the ranks of investors and shipowners who have invested large sums in product tankers in 2013.

BY OLE ANDERSEN

BP Shipping has signed a contract with Korean Hyundai Mipo Dockyard for 14 MR product tankers, and the big oil company thus joins the ranks of shipowners, operators, and investors who have ordered MR (Medium Range) ships on a large scale in 2013.

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