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South Korea Tankers and Gas Shipbuilding

KSOE seals $891m order for 10 VLCCs

The large order comes as the year winds to a close and seals South Korean yard's dominance in the segment. The buyers were undisclosed but Greek interests placed orders from South Korean yards earlier in 2020

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The very large crude carriers are scheduled to be delivered by March 2023. With the latest contracts, KSOE has won orders to build 21 VLCCs, making up 70% of the global market for the vessels so far this year

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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