Sungdong celebrates $200m Japanese bulker deal.
Sungdong Shipbuilding and Marine Engineering is celebrating a $200m order from Japan for four bulk carriers. The Korean yard has snared an order worth 230bn Won for two capesizes and two 80,000 dwt Kamsarmaxes plus options from an unspecified Japanese owner. Delivery is set for early 2012 onwards.
The order from Japan follows a booking at Sungdong in autumn last year from Japan's Kumiai Senpaku.