Daewoo wins order for five new tankers from KOTC
South Korea's Daewoo Shipbuilding & Marine Engineering (DSME) has won its first order this year from Kuwait Oil Tanker Company (KOTC) to build four very large crude carriers (VLCC) and one product carrier for $560m.
Each of the double-hull VLCCs will have a length of 333m, breadth of 60m and will be able to carry 2.2 million barrels of crude.
The fifth vessel which is an aframax product carrier for oil products will be 250m in length, 42m in breadth, with a capacity of 800,000 barrels and capable of transporting 110,000-tonne petroleum products.
DSME will build the vessels at its Okpo yard in South Korea and are expected to be delivered to KOTC by October 2014.
According to reports the ships are eco-friendly and energy-efficient, equipped with fuel-saving device Pre-Swirl Stator (PSS) and volatile organic compounds emission reducing device De-VOC.
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