Eric Watkins
Senior Correspondent
LOS ANGELES, July 23 -- A joint venture of Algeria's state-owned Sonatrach and Kawasaki Shipbuilding Corp. plan to build and operate a $96 million crude carrier, which will be financed by Japan's Mizuho Corporate Bank.
The ship, scheduled for delivery this October, will be built in China by a JV of Kawasaki Shipbuilding and China's Cosco Group.
Contact Eric Watkins at [email protected].