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KSOE wins $182m twin VLCC order

The order, made by an unidentified European owner, sets up the yard group for a good start to the year. KSOE has already won 11 newbuilding orders since the beginning of 2021

KSOE is a major builder of very large crude carriers, having won 65% of the total orders for this vessel type in 2020. Separately, South Korea has also announced that it will be providing some financial support to build environmentally friendly vessels for the local fleet

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