of Friend International Shipping it orders to others two new tanker LR1



of Friend International Shipping (DIS), society controlled of Friendly Society of Spa Navigation, has communicated that operating controlled own of Friend Tankers Limited - Ireland has ordered today to the South Korean ship yard Hyundai Mipo Dockyard Co. the construction of two tankers LR1 of 75.000 gross capacities in tons similar to those already ordered to slid April and june ( on 27 April and 9 june 2015). The investment will pile to about 44,0 million dollars for each ship.

The two ulterior ones tanker will be constructed in the Vietnamese yard Hyundai Vinashin Shipyard Co. and their delivery is previewed in the course of according to trimester 2018 and of third trimester 2018. of Friend International Shipping it has emphasized that the two new units to double hull belong to a new and modern generation of ships "Echo" designs that characterize for consumption many low and are ships that have 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 phase 2 of the IMO that will be applied to the constructed ships before on December 31, 2024.

"They are much satisfying - the managing director of Friend International Shipping has asserted, Marco Fiori - of being able to announce the exercise of the options for the purchase and the construction of two ulterior ships LR1, than they join to already the four ordered to slid April and june. We confirm - it has continued Flowers - extremely positive ours "view" on fundamental of the market of the tankers, than there is in fact giving ulterior satisfactions also in the third trimester of the year, a period characterized normally from a negative seasonality. I consider is important for DIS to ulteriorly strengthen own presence in the segment of the LR1, that they are sure will be revealed in the next few years extremely profitable, graces on one side to "orderbook" a much limited and from the other to the constant expansion of the question tonnage/miles, as a result of the concentration of the ability to world-wide refining in the USA and the Mean and Far away East, far from many of the main refined producing areas of consumption of oil. In this context - it has explained the CEO of DIS - I am convinced that ships LR1, thanks to the their greater ability to transport, will be many demands in the next few years, being able to transport put up amount on the same distances".

Currently the DIS fleet, through controlled its, comprises 48,8 tankers (medium range - MR and handysize product tankers) all to double hull, with a medium age 7,8-year-old (of which 23,3 ships of property and 25,5 ships rental). The society currently under construction has 14 new ships "ECHO" near the yard Hyundai Vinashin Shipyard Co., of which you are LR1, four four MR and Handysize, attended in delivery between the fourth trimester 2015 and third trimester 2018.