HHI puts a price on pioneering SCF tankers

World's largest shipbuilder values order for LNG fuelled aframax tankers at around $240m.

Hyundai Heavy Industries put a price tag on the world’s first LNG fuelled aframax tankers as it confirmed the long-anticipated contract this weekend.

SCF SCF order was front page news for TradeWinds last week.

TradeWinds reported in last week’s print edition that Russian shipowner SCF had teamed up with Shell to place the 114,000-dwt, ice-class IA newbuildings.

In a statement on Sunday, HHI said the four firm vessels, for delivery in late 2018 and early 2019, would cost around around $240m.

The $60m per ship price compares with the $43 to $44m figure for the standard tanker and $10 to $11m in additional equipment market sources had suggested.

HHI says the ships will be built at Hyundai Samho Heavy Industries Co.

SCF has options for four more vessels as part of the deal.

For more on this contract, please read the article from the 17 March print edition of TradeWinds.

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