John Fredriksen Orders Up to six VLCCs at STX Offshore & Shipbuilding

STX Offshore & Shipbuilding has confirmed an order from billionaire delivery tycoon John Fredriksen calling for the development of as much as 6 VLCCs.

The order is comprised of two agency orders with 4 choices.

The 300,000 DWT vessels will measure 330 meters lengthy by 60 meters large. The two vessels are scheduled for supply in 2017.

In a press release, STX mentioned the order will assist the corporate broaden within the VLCC market. Since early 2014, STX Offshore & Shipbuilding has clinched the lion’s share of Long Range 1 (LR1) tankers ordered worldwide and is taken into account a frontrunner within the building Medium Range (MR) tankers.

The order from John Fredriksen was made privately and never instantly tied to any one in every of his firm’s, though studies point out that the ships might be supplied to Fredrisken’s Frontline 2012.