Seoul: Korea's Daewoo Shipbuilding & Marine Engineering has inked a letter of intent with Malaysia's tanker owner AET to build four 320,000 dwt very large crude carriers. ??The newbuilding price is thought to be $105m to $110m per ship for delivery in late 2012 and 2013. ??AET is now accelerating fleet expansion to have 150 tankers consisting of VLCC's and MR products carriers. ??The owner had also ordered four 158,500 dwt suezmax tankers at Samsung Heavy Industries for $271.2m in total. ??These are the first-ever suezmaxes for the shipping company and are set to be delivered between April and October 2012. [16/07/10]
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