GOTAAS-LARSEN ORDERS VLCCS FROM DAEWOO

Gotaas-Larsen Shipping Corp., Monaco, has placed an order for four very large crude carriers with double sides provided by ballast tanks with Daewoo Shipbuilding & Heavy Machinery Ltd. of South Korea. The vessels, each 300,000 dwt, will cost about $400 million total. They are scheduled for delivery between the end of 1992 and mid-1993. The double sides provided by ballast tanks are designed to comply with the classification agency Det norske Veritas Class indication PP1 for protection of the

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