Busy Korean shipyard launches tanker for Greek firm

Shipping & Shipbuilding News - 6 March 2007 - The Brightest Maritime Daily

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Busy Korean shipyard launches tanker for Greek firm

According to INP Heavy Industries' website, they launched the 13,000 DT chemical/oil tanker NEGOTIATOR on the 3rd March 2007.

The vessel is being constructed for Greek shipping firm Evalend Shipping, which traditionally has been a dry bulk concern but it is understood they are moving heavily into the chemical tanker market.

INP Heavy is located in Ulsan and is one of South Korea's smaller shipyards that are benefiting from a boom in mid-size tanker construction. The shipyard has orders both from Evalend and Lauritzen Kosan as well as local tanker company Sekwang Shipping which placed an order for four chemical tankers in January with the yard.

INP's building berths are now full with an orderbook total of 41 vessels which will keep the shipyard busy until the end of 2009.