of Friend International Shipping it orders to Hyundai Mipo Dockyard Co. two new tankers



of Friend International Shipping (DIS), controlled shipowning society from the Italian of Friendly Society of Spa Navigation, has ordered to the Hyundai Mipo Dockyard Co. South Korean, through operating controlled own of Friend Tankers Limited - Ireland, the construction of two tankers LR1 of 75.000 gross capacities in tons that will be constructed in the Vietnamese yard Hyundai Vinashin Shipyard Co.

The delivery of the first unit is previewed in the second half of the year the 2017 and second unit in the course of first trimester 2018, for an investment total of about 44,0 million dollars each.

DIS has explained that the two new hull ships double belong to a new and modern generation of ships "Echo" designs that characterize for consumption many low. Moreover this type of ships has an index of energy efficiency (EEDI) of 25% at the best maximum inferior of applicable reference IMO and, therefore, already wide inside of the reduction of the index previewed from Maritime phase 2 of the International Organization that will be applied to the constructed ships before on December 31, 2024.

"They are very pleased - the managing director of Friend International Shipping has commented, Marco Fiori - to announce the exercise of the options for the purchase of two ulterior ships LR1, than they join already to the two last April ordered. This investment is perfectly online with the strategy of DIS of modernization of the fleet through the purchase of unit planned second the most modern criteria than technical efficiency and energy saving, strengthening, moreover, our presence inside of the extremely promising segment of the LR1 (75,000 dwt). In fact - it has found Flowers - the trend of our market 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".

Currently the fleet of Friend Tankers Limited comprises 52,8 tankers (medium range - MR and handysize product tankers) all to double hull, with a medium age 7,5-year-old (of which 23,3 ships of property and 29,5 ships rental). The society has 12 new ships currently under construction ECHO with the yard Hyundai Vinashin Shipyard Co., of which four LR1, four four MR and Handysize, attended in delivery between 2015 and first trimester 2018.