Delhi: Shipping Corporation of India is to sign a contract with South Korea's STX shipyard this morning for the construction of four kamsarmax bulk carriers. The vessels, costing $59.55m each, are due for delivery in 2012.
The new vessels bring the SCI orderbook to 32 vessels of 2.7m gt, worth a estimated $1.8bn: two VLCCs, 10 product tankers, six handymaxes, two 4,400teu containerships and four aframaxes, four AHTS respectively and the four kamsarmax vessels. [13/08/08]
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