Swedish shipowner Stena Bulk is soon to order a quartet of LNG carrier newbuildings worth an estimated $870m.
Industry sources say the company has been in “deep and final” contract negotiations with both Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries this week that will see it proceed with four newbuilding orders.
Stena is expected to ink two 174,000-cbm vessels at DSME early next week and also contract another two 160,000-cbm ships at Samsung.
Agreed delivery dates will see each yard deliver one ship in 2014 and another in 2015. Brokers suggest the larger vessels will be priced in the region of $220m each.
Published : October 14, 2011
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