JIANGSU Eastern Shipyard, a Chinese shipbuilder, has been awarded a contract to build two oil tankers worth US$61.49 million by Indonesia's state-run oil firm Pertamina, an executive said yesterday.

Jiangsu is expected to deliver the two tankers in July 2010, Pertamina President Ari Soemarno said after signing the contract with Jiangsu executives. Soemarno said the contract was a result of a recent tender attended by several foreign shipbuilders, including South Korea's Hyundai Heavy Industry.