IHI Awarded Contract To Build Two VLCCs For Kuwait Government

Ishikawajima-Harima Heavy Industries Company, Ltd. (IHI), Japan, has received an order for two 290,300-dwt tankers from the Kuwait Oil Tanker Company S.A.K., a Government- owned enterprise in Kuwait.

The formal contract was signed in Kuwait recently by Faisal T. Al.Ghanim, president of Kuwait Oil Tanker, and Hirotaro Nemoto, managing director of IHI. The price for the two very large crude carriers is approximately 34,000 million yen (about $155 million) payable in cash on a yen basis.

Each of the two tankers will be 336 meters in overall length, with a beam of 60 meters, depth of 29.5 meters, and maximum draft of 20.62 meters (1,102 x 197 x 97 x 68 feet). Main propulsion machinery will be a single IHI/Sulzer 10RLA90 type diesel with an output of 34,000 bhp, giving a service speed of 14.4 knots.

To be constructed at IHI's Kure Shipyard, the two ships will be delivered in December 1982 and April 1983, respectively.

Maritime Reporter Magazine, page 37,  Aug 1980

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First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.