South Korean small boxship specialist Dae Sun Shipbuilding & Engineering is expected to nail down a series of orders soon. Cosmoship Management is expected to exercise options for two 1,800 teu ships, on the back of an initial order for two plus two vessels this February. The options are likely to go Korea Marine Transport on charter for 10 years.
T.V.L. Shipping of Taiwan, meanwhile, has come in for two 1,800 teu ships at the same yard, according to broking reports. The ships cost around $25m each and will deliver in the third quarter of 2017. also ordered two 1,800 teu containerships from Dae Sun early this month for delivery in the third quarter of 2017 at around $25m apiece.
Dae Sun is also close to signing a contract with an unspecified European owner for a series of 2,600 teu containerships.
After a slow start to the year, Dae Sun is making amends and could hit its order target of 20 newbuilds worth $500m.