Guangzhou Shipyard International, a daughter company of China State Shipbuilding Corporation, has secured a contract to build two more product tankers for Frontline, Sino Ship News reports.
The 115,000 dwt vessels are scheduled for delivery in late 2014 and 2015, and it is estimated that each of these vessels will cost $42m.
Reportedly, this order comes as an option from an earlier order placed by Frontline with the same shipyard.
[mappress]
World Maritime News Staff, February 7, 2013; Image: GSI