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Sungdong bags Tsakos suezmax pair

Sungdong bags Tsakos suezmax pair

Seoul: South Korea's Sungdong Shipbuilding & Marine Engineering has received an order from Greek owner Tsakos for two 158,000-dwt Suezmax tankers. The ships are due for delivery in 2011 and represent the first fresh order in nine months for Sungdong. The price is not disclosed.
The newbuildings will measure 274.2 meters long and 48 meters wide. With the latest order, Sungdong's order backlog expanded to 84 ships with a total value of $6.3 billion. A source related to Sungdong told the local media, "The order received this time has a significant meaning amid suspended newbuilding orders. Further, negotiations with 4-5 owners in Europe and Asia are currently at final stages, and fresh orders will increase from here on as well." [17/07/09]


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