Indian order cancelled

The Frontline shipping group's Seatankers Management has cancelled an order for four chemical tankers from the Alcock Ashdown Gujarat shipyard in India. The first of the four 12,800 dwt ships had been due for delivery in october last year but remains incomplete, and has now been rescheduled for December 2009, with the other three to follow at three month intervals. The company has not given a reason for the contract's cancellation. The shipyard is now attempting to find a buyer for the four vessels.