BW orders VLCC pair at DSME

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 worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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