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Sonangol readies suezmax orders in South Korea

Angola’s Sonangol is lining up suezmax crude tanker newbuildings in South Korea. Shipbuilding sources report the state-controlled oil company has returned to HD Hyundai Heavy Industries for a pair of scrubbed-fitted 158,000 dwt units. The deal, still at the letter of intent stage, is estimated to be worth about $190m, with deliveries in 2027 and …

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