Adamantios Lemos-controlled Unisea Shipping has signed a $120m contract for four products tankers at Hyundai Mipo.
Seoul-listed Mipo announced the quartet from an unnamed European owner this morning.
It says the 50,000-dwt ships will be delivered by March 2016.
TradeWinds reported on Friday Unisea had signed a deal for four ships at Mipo as part of Shell’s “Project Silver”.
Sources today confirm Unisea has taken the vessels, which Mipo prices at KRW 129.7bn ($121.9m).
It had previously been tipped to have ordered ships for Project Silver, before accepting an offer for the vessels from Scorpio Tankers.
Mipo has now secured contracts for 124 newbuildings worth $4.17bn this year.
The shipbuilder, which reported weak third quarter results last week, is expected to post operating losses for the next two or three quarters, analysts say.
BP is lining up a swoop for up to 20 MR tankers at Mipo, we reported on Friday.
Sources say Mipo is now marketing MRs at between $37m and $38m.
Source: http://www.tradewindsnews.com
