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Home›Green Marine›Sumatec to buy two oil tankers
Green Marine

May 22, 2006 · about 20 years ago

Sumatec to buy two oil tankers

Sumatec Resources Bhd has ordered two units of 8,000 deadweight tonnes (dwt) double-hull product oil tanker from a Chinese shipyard for US$11.6 million (about RM42.11million) each. In a statement to Bursa Malaysia on May 22, Sumatec said it had entered into a letter of intent (LOI) with Yangzhou Kej

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Sumatec Resources Bhd has ordered two units of 8,000 deadweight tonnes (dwt) double-hull product oil tanker from a Chinese shipyard for US$11.6 million (about RM42.11million) each. In a statement to Bursa Malaysia on May 22, Sumatec said it had entered into a letter of intent (LOI) with Yangzhou Kejin Shipyard Co Ltd and Jiangsu Guotai International Group Textile Imp & Exp Co Ltd for the purchase of the tankers to serve contracts from oil majors.

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