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STX Continues Winning Orders

STX Continues Winning Orders
STX Offshore & Shipbuilding Co. announced Friday that it won orders of one 80,500 deadweight tons (DWT) Kamsarmax bulk carrier from a ship owner in Singapore.

STX Offshore & Shipbuilding Continues Winning Orders in April

South Korea`s STX Offshore & Shipbuilding Co. is found to be remaining steady for winning contracts in April. STX Offshore & Shipbuilding Co. announced Friday that it won orders of one 80,500 deadweight tons (DWT) Kamsarmax bulk carrier from a ship owner in Singapore. The bulk carrier will be constructed at the Jinhae shipyard of STX and is scheduled to be delivered by 2012.

In addition, the shipbuilder has signed a contract for building one Kamsarmax bulk carrier with a ship owner in Greece.

Furthermore, STX Offshore & Shipbuilding Co. successfully won orders for two of 24,000 DWT scale special purpose vessels (SPV) from ship owners in Asia recently. The SPV, which can be used for carrying various types of freight under the decision of ship owners, has high efficiency compared to the existing vessels that could only carry one type of freight.

"In 2010, we not only won orders of 19 vessels worth $710 million including the performance of our production base in Dalian, China, but also secured the first order of the special purpose vessel," said an official from STX Offshore & Shipbuilding. The official went on saying that the company will enhance marketing activities in preparation for the shipbuilding market`s rebound in the near future as the market is showing signs of recovery.

www.turkishmaritime.com.tr

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