BW orders VLCC pair at DSME

Singapore’s BW Group has placed orders to build a pair of VLCCs at Korea’s Daewoo Shipbuilding & Marine Engineering (DSME), Korean local media reports.

The contract for the 318,000 dwt vessels is worth a total of $179m and delivery is scheduled during 2018.

BW currently has ten vessels contracted at DSME.

Separately, on Friday DSME announced that a $1.41bn ordered placed in 2013 for an oil production platform has been cancelled by Norwegian oil company Statoil. Construction had yet to commence on the platform.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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