OSLO, Norway – Knutsen NYK Offshore Tankers has entered into a 10-year charter contract with Standard Marine Tønsberg.
The contract includes options for a new 112,000 dwt offshore shuttle tanker to serve Standard (owned by ExxonMobil Exploration and Production Norway) for its North Sea offshore fields. Delivery is scheduled for early 2014.
Hyundai Heavy Industries will build the vessel in Ulsan, South Korea. It will be equipped with bow loading equipment and will be DP-2, to comply with North Sea shuttle tanker requirements.