Bergesen Orders Four Tankers From Hitachi

Norwegian shipping group Bergesen d.y. ordered four 296,000 dwt tankers from Japan's Hitachi Zosen Corp., for $263.7 million. Company officials said the vessels were all under construction, and one will be delivered in the first quarter of 2000, two in the second quarter and the fourth in the first quarter of 2001. Bergesen has an option to order two other ships for delivery in the first half of 2001.