Tristar orders six tankers under Shell contract

UAE-based Tristar Group has placed an order for six new oil and chemical tankers at South Korean shipbuilder Hyundai Mipo Dockyard.

The company said that the 25,000 dwt carriers have been ordered on the back of long-term charter contracts with oil major Shell.

Under the deal, unveiled on April 16, 2019, the shipbuilder is scheduled to deliver the units starting from the middle of May 2020 until the first week of January 2021.