OREANDA-NEWS. July 30, 2010. Palmali Group of Companies has announced of the first run of one of its largest vessels – ‘Shah Deniz’.

Palmali reports that on 29 July ‘Shah Deniz’ left Japan’s shipyard Tsuneishi for its maiden voyage. ‘Shah Deniz’ was loaded with gas oil in the Indian port of Sikka and will sail to one of the ports of Western Europe.

The ship was launched on 29 July 2010. Its length is 243.3 m, breadth 42 m, deadweight 107,507 tons.

Palmali and shipyard of Japan’s Tsuneishi Shipbuilding Company signed on 26 May a memorandum for the purchase of two tankers of class "Aframax" with deadweight of 107,400 tons each. Palmali accepts both tankers for long-term contracts for transportation of oil and petroleum products from the Black and Mediterranean seas.

The Group of Companies ships cargo in the Mediterranean, Caspian and Black Seas. It is the major carrier of oil and petroleum products in rivers of southern Russia. Until the end of this year Palmali plans to acquire VLCC type vessel with deadweight of 300,000 tons and Suezmax vessel with deadweight of 165,000 tons.