VOL. XLVI

No 30

28-July-2003

UAE

ENOC Orders Four Products Tankers From Hyundai

Emirates National Oil Company (ENOC) announced on 16 July that it had ordered four double-hull petroleum products tankers from Hyundai Heavy Industries for a total of $140mn. Two orders were placed in June and two in July. Delivery of the four vessels, each with 75,000 ton capacity, is scheduled for 2005. ENOC Chief Executive Husain Sultan said that the products tankers would be state-of-the-art. They will be fitted...