Samsung Heavy Industries of South Korea has reportedly finalized a contract for two special-purpose lightering tankers with Chevron of US.
Market sources said that the 150,000-dwt vessels will cost around $97m per vessel.
It is believed the duo will replace a pair of tankers that were converted into floating storage and offloading units before trading with Chevron’s West Coast lightering programme when the latter two are phased out in 2015.