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    Order placed for second Suezmax Tanker
Subsidiary Premuda Tankers Ltd and the Korean shipyard Samsung have signed a contract for the construction of a second Suezmax Tanker, a sister ship of the one ordered for delivery 2001.
The vessel is scheduled for delivery in 2003, and will require 90bn lire capital expenditure. The new ship is intended to perfect the Group extensive investments plan, started 1998, related to five vessels (three panamax and two suezmax tankers), complete with integral double hull and longitudinal central bulkhead, according to the most advanced safety and environmental-friendly building techniques.
Gruppo Premuda overall investments for the new vessels top over 350bn lire.
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