Kalistani Major History

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Kalistan to sell five ALDAMAX petroleum tankers to Malivia
New Malivian shipping interest to begin transporting oil in Artania
Sulari, Duchy of Suldanor
April 30, 5546


A new ALDAMAX petroleum tanker under construction in Port Elga

SSC has announced a new tanker deal with the Malivian Petroleum Corporation to provide five new ALDAMAX petroleum tankers. The deal with the nascent Artanian petroleum company will cost MPC ₭515 million, ₭200 million up front and the remaining ₭315 million due upon delivery. The entire order will take the ship yards at Port Elga about 40 months to complete.

"This is really the first large scale order we've received at the ship yards for a foreign country," said SSC Spokesman Kenneth Jackson. "So far we've built supermax container ships for Kalistan. The tanker ships will be built to Aldegarian standards, to allow our client the ability to transit the most important canal and take port in most major ports with refinery facilities at them."

The ALDAMAX tankers each have a capacity of 125,000 DWT of crude oil. "The offer was initially made by the new company to serve as a distributor for Kalistani tanker ships," said Jackson, "but Kalistan turned that offer down. We prefer to deal directly with the buyers of our ships, so that we can ensure that their own individuals specifications are met. Kalistani ships are not prefabricated in any sense: We try to meet with our clients to find out precisely what they want, and give them a product that our ship builders can be proud of, and our company can stand by for the the entire life of the vessel." It is expected that these five vessels will likely transport Vamaj Petroleum, though Kalistan has no arrangement with that oil producing cartel.

In related news, Kalisani investors, including Duke Victor of Suldanor, have announced that they intend to invest ₭1.5 Billion into the Malivian Petroleum Corporation. "We may no longer produce oil in Kalistan," said KPO CFO Diane Carter, "but oil is still big business elsewhere in the world, and private Kalistani money is in the FDI business it seems." This investment is meant to help kickstart the corporation. "Kalistanis will likely stay in as long is the investment remains profitable," said Carter. "But as none of the money is public in the strict sense, Kalistani investors likely have their bets hedged elsewhere, and even if this bet is fairly risky, our investors stand to gain a tidy sum of money as this company grows and starts doing business internationally."