Services :: Shipping
Odfjell Cancels Orders for Three New Ships
6:36 AM MDT | October 7, 2010 | Ian Young
Odfjell has cancelled orders for three stainless steel chemical tankers from Chongqing Chuandong Shipbuilding Industry (CCSIC; Chongqing, China). The three vessels formed part of an order of six tankers, all of 9,000 dwt m.t., that Odfjell placed with CCSIC in early 2008. Odfjell will receive a payment of $30 million under the termination agreements, after repayment of a bank loan associated with the three cancelled newbuildings. CCSIC will build the remaining three vessels and deliver them to Odfjell between December 2011 and April 2012. They will replace...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee