• Short Summary

    Work began on the world's largest taker -- almost half a million tons ???dweight --?

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    Work began on the world's largest taker -- almost half a million tons ???dweight -- at a shipyard in Western Japan on Monday (April 3). The tanker ??? "Globtik Tokyo", was commissioned by British firm, Globtik Tankers limited. The firm's chairman and founder, Himalayan-born Mr Ravi Tikkoo, was ??? the shipyard on Monday to take part in the traditional keel-laying ceremony.

    The ship, 477,000 tons and 1,243 feet (379 metres) in length, will be launched in October this year and completed next February. It's being build by Ishikawajima-Harima Heavy Industries Limited in its Kure shipyard. Globtik has also placed another order for a similar tanker with I.H.I. Ltd. The vessels will be used for international crude oil runs.

    SYNOPSIS: Work officially began on the world's largest oil tanker -- almost half-a-million-tons -- on Monday in Western Japan. At the keel-laying ceremony, and taking part in it, was the chairman and founder of the British firm which commissioned the vessel. Himalayan-born Mr Ravi Tikkoo. His company, Globtik Limited, have ordered two similar tankers at the same shipyard. This one, the Globti Tokyo, will weight four-hundred-and-seventy-seven-thousand tons and measure one-thousand-two-hundred-and-forty-three feet in length.

    The Globtik Tokyo will be launched in October and completed the following February. It'll run at a service speed off fifteen knots, and is to be used for international crude oil runs from the Middle East to Japan. The cost of building it -- almost twenty million pounds sterling.

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    Reuters - Source to be Verified
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