VOL. XLVI
No 25
23-June-2003
UAE
Dubai Shipping Company To Buy Two Products Tankers From Hyundai
The Dubai Shipping Company (DSC) a wholly owned subsidiary of Emirates National Oil Company (ENOC) on 13 June signed a $70mn contract with Hyundai Heavy Industries for the construction of two double-hull, 75,000-ton capacity petroleum products tankers. Delivery of the two vessels is scheduled for early 2005. ENOCs CEO, Husain Sultan, said the South Korean company had won the contract after extensive...
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