MADRID: Spain’s Navantia shipyard has agreed to build four 156,000-dwt suezmax tankers for Ondimar Transportes Marítimos, a subsidiary of the Ibaizabal group. No price was disclosed for the deal.
Work is expected to start this year, with the tankers expected for delivery in 2017. The ships will be built at Navantia’s yards at Puerto Real, near Cádiz and Ferrol. DSEC, the engineering subsidiary of South Korea’s Daewoo group, will provide the design and materials. The vessels will be 274 metres long, with beam of 48 metres.