Sinokor orders up to four aframaxes at Samsung

Sinokor orders up to four aframaxes at Samsung

South Korean owner Sinokor has placed an order at domestic yard Samsung Heavy Industries for the construction of up to four 114,000 dwt aframax tankers.

According to shipbroking sources, the contract includes firm order for two vessels and options for additional two vessels.

The price for each ship is $51m and delivery is scheduled in 2021.

Sinokor currently owns a fleet of 165 vessels and has another 39 newbuildings on order.

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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