Our newbuilding project comprised of two 50,000 dwt-class product/chemical tankers has begun taking shape at Hyundai Vinashin Shipyard Co. Ltd. The keel laying and steel cutting for hulls no. S472 and S466 (both to be named) are scheduled to take place in the coming weeks.
Representing an evolution of Hyundai’s world-ranking workhorse, these vessels will enable us to continue offering clients a dependable service. Commercial operations for S472 should commence in Q4 2019. Sister vessel S466 is scheduled to join the fleet in Q1 2020. The anomaly in hull numbers is not a typo but the result of S472 having been ordered later and subsequently jumping the production queue to where a slot had become available.
At a time when the shipping industry is facing a multitude of environmental and commercial challenges, we are confident that ships such as these will allow us to deal with them effectively.