Enesel Orders VLCC Pair at HHI

Hyundai Heavy Industries South Korean shipbuilder Hyundai Heavy Industries (HHI) has received an order for construction of two 300,000-ton very large crude carriers (VLCC) from Greek shipowner Enesel, Korean news site Pulse reported. As disclosed, the newbuildings are expected to be delivered in the second half of 2018 and are estimated to be priced around USD 80 million each. According to the VesselsValue data, the ships were ordered en bloc on February 3rd for USD 83 million respectively. Enesel has four tankers in its fleet, two VLCCs and two Aframaxes, and two containerships, based on the companys website info. The company also has two 112, 800 DWT Aframax tankers on order at South Koreans Daehan Shipbuilding Co, scheduled for delivery in 2017. The order comes as prices for VLCCs have dropped amid market downturn prompting owners to avail of the cheap prices and invest in newbuilding capacity. World Maritime News is yet to receive a reply from both Enesel and HHI regarding the order. World Maritime News Staff