Canada’s Algoma Central Corp has confirmed a CAD 127m ($96m) order for two methanol ready ice class product tankers from South Korea’s Hyundai Mipo Dockyard.
The pair of 37,000-dwt tankers will be entered on long-term time charters to Irving Oil delivering products from its refinery in Saint John, New Brunswick, to ports in Canada and the US East Coast, the company said.
