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SHI bags deal to build three ice-class tankers for Sovcomflot

SHI bags deal to build three ice-class tankers for Sovcomflot
South Korea’s Samsung Heavy Industries (SHI) has won an order worth $440m to construct three ice-class shuttle tankers for Russia’s state shipping firm Sovcomflot.

The shuttle tankers have a capacity of 42,000 dwt each and they are capable of traversing the Arctic Ocean.

The newbuildings are scheduled to be completed by April 2017.

With the latest deal, SHI has a combined total of $5.9bn in orders, and more orders are expected later this year, according to the shipbuilder.

In July this year, SHI clinched a similar order worth $440m to build a trio of shuttle tankers for Sovcomflot.