Stream Tankers AS has entered into newbuilding contracts with Fukuoka Shipbuilding Co. Ltd. and Shitanoe Shipbuilding Co. Ltd. in Japan for up to five advanced 19,900 dwt chemical tankers with cargo tanks in stainless steel.

The vessels will be of the new Fukuoka/Shitanoe eco-design hulls and combined with modern efficient engines will give substantial fuel reductions when they are delivered in 2015 and 2016. The order is for two firm vessels and an additional three options.

Stream Tankers AS currently owns two 19,900 dwt. chemical tankers built at Fukuoka and Shitanoe shipyards in Japan in 2008 and 2010. Stream Tankers is owned by Utkilen AS (60%), EGD Shipholding AS (35%) and BSCO AS (5%).(Source: Shipbuilding Tibune)