Independent journal on economy and transport policy
07:39 GMT+1
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of Friend International Shipping LR1 enters in the market of the tankers
Ordered two unit to the South Korean yard Hyundai Mipo Dockyard Co.
April 27, 2015
of Friend International Shipping (DIS), active shipowning society in the field of the tankers, has announced the income in a new segment of the market. The operating controlled one of Friend Tankers Limited (Ireland) in fact has signed today a contract for the construction near the South Korean ship yard Hyundai Mipo Dockyard Co. of two new modern ships Long Range (LR1) of 75.000 gross capacities in tons. The ships will be constructed in the Vietnamese yard Hyundai Vinashin Shipyard Co and are attended in delivery for half 2017, for an investment total of about 44.0 million dollars each.
"The trend of our market - the managing director of Friend International Shipping has explained, Marco Fiori - is that to go towards an increase of the tonnage question/miles, as a result of the concentration of the centers of refining in the USA and the Mean and Far away East. In this context, I am convinced that ships LR1, thanks to the their greater ability to transport, will be many demands in the years to come, being able to transport put up amount on the same distances. We are, in fact, currently finding on the market an increasing you ask for this type of ships of new generation, by the more important oil companies and of the main operators of market".
DIS has announced that the two new units to double hull belong to a new generation of ships "Echo" designs that characterize for consumption many low and have an index of energy efficiency (EEDI) of 25% at the best maximum inferior of applicable reference IMO, therefore already wide inside of the reduction of the index previewed from phase 2 of the IMO that will be applied to the constructed ships before on December 31, 2024.
The DIS fleet today comprises 52,8 tankers (‘medium range - MR and handysize product tankers’) all to double hull, with a medium age 7,3-year-old (of which 23,3 ships of property and 29,5 ships rental). Moreover the society has already undersigned contracted for the construction of others 10 new ships "Echo" with the yard Hyundai Vinashin Shipyard Co., of which two LR, four four MR and Handysize attended in delivery between 2015 and 2017.
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