Samsung Heavy Industries and STX Offshore & Shipbuilding are reportedly competing to win a newbuilding order from energy major BP for up to 10 aframaxes and four suezmaxes.
Industry players believe the high-specification newbuildings will feature Tier III engines to comply with tougher environmental regulations.
Therefore, the newbuilding price is estimated to be higher than standard such tankers.
Currently, an aframax newbuilding is priced at $49m and a suezmax at $57.5m according to Clarkson.
Published : December 3, 2012
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