The contract includes option sot build an additional four similar units.
Construction of the first tanker is slated to start in the third quarter of 2014, with deliveries scheduled to begin in the fourth quarter of 2015 through to 2016.
The newbuildings, to be designed by DSEC, a subsidiary of South Korea's Daewoo Shipbuilding & Marine Engineering, will be able to achieve improved fuel efficiency through several features such as G-series MAN ME slow-speed main engine and an optimised hull form.
The tankers will have dual-fuel-capable auxiliary engines and the ability to accommodate future installation of an LNG fuel-gas system.
The four-ship APT contract will add up to approximately 800 jobs at Nassco during construction and more than 165 seagoing union jobs during the operation of the vessels.
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