The Korean yard said the order was signed last May, but is not revealing theowner, saying only it is registered in the Marshall Islands.

In a filing to the Korea Stock Exchange on Tuesday, Mipo revealed it wouldbegin steel-cutting on the products tankers next month, but did not give adelivery date.

Sinokor has a total of 30 50,200-dwt ships underconstruction at Mipo.

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