Korean shipbuilder Sungdong Shipbuilding & Marine Engineering resumed order intakes with kamsarmax orders.
Compatriot intra-Asia liner company Sinokor Merchant Marine has signed up for a pair of 82,000-dwt kamsarmax-bulker newbuildings at Sungdong.
They are due for delivery in late 2012. The owner is said to have paid around $38m per ship.
The last time that Sungdong won new order was in June this year when it inked four 180,000-dwt capesize bulker deal with compatriot SK Shipping for about $240m.
Including the latest deal, the shipbuilder has bagged orders for 26 ships over kamsarmax size so far this year.
The last time that Sinokor ordered new ships was last November when it commissioned Nantong Mingde Heavy Industries in China to build a 115,000-dwt mini-capesize bulker at a reported price of less than $40m. The deal includes an optional unit, which the owner has until the end of this year to declare.
Besides the pair of kamsarmaxes at Sungdong, Sinokor is listed by London broker Clarksons as having three 80,000-dwt bulkers on order at Jiangsu Eastern Shipyard in China. Market players believe these were originally booked by insolvent Parkroad Corp, whose creditors were said to have nominated Sinokor to manage the ships following the company’s collapse in November 2008.
Sinokor also has two 33,000-dwt handysize bulkers under construction at Orient Shipyard for delivery this year. However, their fate is unknown as the yard entered court protection two months ago because of financial troubles.
Sinokor owns 18 boxships of 116 teu to 1,926 teu, three very large ore carriers (VLOCs), five capesizes, four panamax bulkers and four handysize bulkers.
*Source: asiasis.com |
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