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STX to build six vessels for Egypt's NMTC

STX to build six vessels for Egypt's NMTC

Seoul: Egypt-based National Maritime Transport Company (NMTC) has ordered six vessels of between 81,000 and 86,000 tons from South Korean STX Shipbuilding. The order, worth an estimated $251.6m is to be financed by the National Bank of Egypt (NBE), reports news-site MEsteel.

STX Shipbuilding recently announced that it has raised its sales target for the year to $10bn up from $5.5bn as a result of a surge in orders for high-priced ships.  [23/07/07]

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