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$156m for a newbuild VLCC smashes records

$156m for a newbuild VLCC smashes records

Ulsan: Greek owner Delta Tanker has ordered three VLCCs from South Korea's Hyundai Heavy Industries (HHI) for a record unit price of $156 million smashing the previous record price of $154 million that Oman Shipping Company agreed to pay when it ordered its VLCCs from HHI and Daewoo Shipbuilding & Marine Engineering (DSME) earlier in 2008. Delta Tanker is paying a premium for 2010 delivery slots. [29/4/08]

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