Croatia's 3 Maj shipyard has signed an agreement to complete a product tanker order cancelled during the financial collapse of its parent Uljanik Group.
The yard has stayed separate from the bankruptcy proceedings of the group, which saw sister shipbuilder Uljanik Shipyard liquidated this year.
Now it has said Spanish shipowner Marflet has resurrected a deal for a second 50,000-dwt MR tanker named Santiago that had previously been due to be handed over at the end of 2019.
