The company said the 5,589-dwt Balt Flot 1 is launching this week at the Oka shipyard in Russia.
Nine more ships will follow by October 2015.
It will carry oil products for Litasco, the oil major’s international trading subsidiary.
The multi-product carrier can also transport crude, plus 148 teu of containers, 340 cars and heavy bulk cargoes.
BF is part of the UCL Holding group, which also owns the shipyard.
