Korea Shipping Corporation Orders Bulker Duo at Daesun

BulkerIllustration. Image Courtesy: Pixabay under CC0 Creative Commons license

Korea Shipping Corporation (KSC) has placed an order for two 19,500 dwt self-unloading coal carriers at compatriot Daesun Shipbuilding and Marine Engineering.

The company,  which is a subsidiary of Korea Line Corporation (KLC), will be paying KRW 72.5 trillion (USD 65 million) for the two ships.

The ships are slated for delivery in the first two months of 2020, when they will start their long-term employment with Korea Midland Power (Komipo).

Namely, the two bulkers secured 25-year-long charter for a Seocheon coal-fired power station in May, 2018.

KLC has been pretty active on the newbuilding market over the past few months.

To remind, in April, the company ordered two very large crude carriers from Daewoo Shipbuilding and Marine Engineering (DSME) to support its charter deal with compatriot petroleum and refinery company S-Oil Corporation.

The order came on the back of a contract for two 300,000 dwt crude carriers with compatriot Hyundai Heavy Industries in March.

The USD 174.4 million worth ships are intended for the five-year contract for the transportation of crude oil between the Middle East and Korea for GS Caltex, set to start in 2020.

World Maritime News Staff

 

Share this article

Follow World Maritime News

In Depth>

Events>

<< Sep 2019 >>
MTWTFSS
26 27 28 29 30 31 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 1 2 3 4 5 6

The Smart Ship Exchange

The Exchange will look at the issues involved with increasing autonomy in shipping with an introduction to the concept…

read more >

3rd MarSat Workshop

The MARSAT project wants to operationalise and standardise EO products and aims to develop…

read more >

Global Sustainable Shipping Forum 2019

The event will provide valuable insights from conference sessions, great networking opportunities and will offer…

read more >

OEE Conference & Exhibition 2019

OEE2019 is organised by Ocean Energy Europe, the industry association representing ocean energy in Europe.

read more >