South Korea’s Sinokor Merchant Marine has signed up to a slew of LNG-fuelled aframax tanker newbuildings worth around $620m at Samsung Heavy Industries in South Korea. The deals are backed by time charters with energy major Shell.
The energy major said Monday: "Shell Tankers (Singapore) has agreed a long-term deal to charter a fleet of 10 LNG dual-fuelled aframax crude oil tankers from Sinokor Petrochemical Co."
