OSG to charter four product carriers
New York-based tanker and dry bulk carrier owner and operator Overseas Shipholding Group Inc. has agreed to charter four product carriers from Hong Kong-based Parakou Shipping Ltd., for a period of 10 years each. Financial details were not disclosed.
The sister ships will be built by Korean STX Shipbuilding Co., and are scheduled for delivery to OSG in September and October 2006 and April and June 2007. The ships will have a capacity of 51,000 deadweight tons and will be able to transport petroleum products, vegetable oils and IMO III chemicals.
OSG said delivery of the vessels will increase the number of product carriers in it’s fleet to 50.
OSG to charter four product carriers
