DSME wins Sonangol SUEZMAX order

Active: 
yes
Country/Region/International Authority: 
Contract Amount: 
350,000,000 USD
Announcement Date: 
02/24/2010
Termination Date: 
12/31/2012

Daewoo Shipbuilding and Marine Engineering Co. has won orders to build five 160,000 dwt SUEZMAX tankers at a cost of about Won400bn ($348.6m) for Angola's national oil company, Sonangol.

The shipbuilding contracts between the two companies were signed in Lisbon on Saturday, 20 February.

The 274 m long, tankers will have a beam of 48 m and a service speed of 15.4 knots. They will be delivered by the shipbuilder between mid-2011 and early 2013.