MISC orders four Aframax tankers from Tsuneishi

Eric Watkins
Senior Correspondent

LOS ANGELES, Nov. 1 -- Malaysian International Shipping Corp. (MISC) subsidiary AET Inc. Ltd. has placed a $260 million order with Japan's Tsuneishi Corp. for four 107,500 dwt Aframax tankers.

The first of the tankers will be delivered in 2009, and the three remaining units will be delivered in 2010, said MISC.

MISC also said it took delivery of its eighth very large crude carrier (300,397 dwt) from Japan's Universal Shipbuilding Corp. on Oct. 31 at a cost of $65 million.

Contact Eric Watkins at hippalus@yahoo.com.

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