South Korea launches tanker for Russian Far East shipping company

South Korea launches tanker for Russian Far East shipping company (NSI News Source Info) VLADIVOSTOK - November 20, 2008: South Korea's Hyundai Heavy Industries has launched a new 104,000-dwt oil tanker ordered by Russia's Primorsk Shipping Corporation (PRISCO), the PRISCO press office said on Wednesday. The launch ceremony was held in the South Korean port of Ulsan. "The assembly of seaborne machinery, navigation and other systems has begun on board the new tanker built by the shipyard of Hyundai Heavy Industries. It is planned that the tanker, to be named Lake Baikal, will be transferred to the customer in two months," the press office said. South Korea's Hyundai Heavy Industries (HHI), the world's largest shipbuilder, is building six giant tankers for the Primorsk Shipping Corporation, based in the Russian Far East, with deadweight of 104,000 tons each. The Lake Baikal will be the third tanker to be built by the South Korean company. The vessel's double hull and ice-class category will enable it to ensure the safe transportation of oil cargoes.