STX wins a $70-million 2 tankers contract for LGR

Korean STX Offshore & Shipubilding signed a contract to build two tankers for LGR, an Italian company, "The Transport Business" reports.

The two 50.000-dwt tankers will be built at Jinahe shipyard and launched by 2010. The contract for tankers of 183m in length and 32m in width, of a 15-knot speed cost $70 million.

Source: Port News