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Petrovietnam orders three aframaxes

Hanoi: State oil company Petrovietnam has signed a contract with shipbuilder Vinashin for three aframax tankers, becoming the second owner ever to order this ship type in the country, after Vietnam Ocean Shipping Company placed an order for a pair of similar ships in the final quarter last year. The three 105,000dwt vessels ordered by Petrovietnam are valued at around $65 million each and will all be delivered by 2009.  [06/07/06]

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