Daewoo To Build Tanker For Norwegian Company For $40 Million

Ugland Rederi, a Norwegian shipping company, has commissioned Daewoo Shipbuilding and Heavy Machinery Ltd. to build a 117,000- dwt shuttle tanker. The contract includes an option for a second vessel.

The tanker will measure 260 meters in length and will have a breadth of 46 meters and a depth and draft of 21.8 and 14.8 meters, respectively. It will cost $40 million and will be delivered in mid-1986.

It will be chartered by Statoil, the Norwegian Government-owned oil company. The ship will carry crude oil from offshore oil production platforms in the North Sea to several onshore refineries.

Statoil previously chartered a Daewoo-built shuttle tanker, the Jarena, in December 1982. The Jarena has received "outstanding vessel" and "distinctive ship" citations from leading U.S. shipbuilding magazines.

The new tanker will feature a single- point bow loading and mooring system that permits loading from any direction. The tanker's twinengine, twin-propeller, slow-speed propulsion system provides greater safety in rough weather as well as maximum fuel economy and operational flexibility.

Maritime Reporter Magazine, page 26, Jan 1985

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Maritime Reporter

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