K Line and KLPL to invest in VLCC and Aframax quintet

K Line and it’s subsidiary KLPL have signed ship building contracts for three VLCCs and two Aframax tankers to continue the company’s fleet upgrading plan.

Orders for two VLCCs were placed by K Line with Kawasaki Heavy Industries (KHI) which will deliver the vessels in 2017 and 2018. The third VLCC will be built by Namura Shipbuilding and will be delivered in 2018.

KLPL placed the order for the two Aframax tankers which Namura Shipbuilding will deliver in 2018 and 2019.

These vessels are designed to comply with existing regulations as well as forthcoming rules such as the International Convention for the Control and Management of Ship’s Ballast Water and Sediments.

The VLCCs measure around 339 metres long with a beam of 60 metres. The KHI-built pair have a tank capacity of 348,500m3, whereas the Namura vessel will hold 351,500m3.

The Aframax tankers will measure 243 metres long with a beam of 42 metres and a tank capacity of 125,400m3.

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