South Korea’s major Samsung Heavy Industries (SHI) has clinched a ‘major’ contract worth KRW 1.9 trillion (approximately $1.34 billion) for the construction of nine environmentally friendly DP2 Suezmax shuttle tankers.
As disclosed in a stock exchange filing by SHI, the newbuilds are due for delivery by the end of 2028.
In a separate statement, Greek shipping player Tsakos Energy Navigation (TEN) said it booked a set of nine DP2 Suezmax shuttle tankers with 15-year employment contracts for Petrobras Transporte (Transpetro).
It is understood that both SHI and TEN issued statements regarding the same nine-ship-strong order.
Regarding the charter agreement, TEN has suggested that it would be a “bareboat” contract. The charterer would assume all operating and technical costs related to the vessels’ operations during the employment timeframe.
The nine DP2 Suezmax Shuttle tankers, combined with other three that are currently being built at Samsung Heavy Industries’ yard, make TEN one of the ‘biggest’ operators of tankers of this kind, as claimed by the company’s President and COO George Saroglou.
Read full article: https://www.offshore-energy.biz/ten-orders-9-eco-friendly-shuttle-tankers-in-south-korea-for-petrobras-charter/
Brazil Energy Insight 
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