AsiaShipyardsTankers

Doora goes Kangnam style with product tanker order

Kangnam Corporation, a Korean shipyard that traditionally has focused on military vessel construction, has won its first product carrier order.

Local firm Doora Logistics has given Busan-based Kangnam a contract to build a 4,700 dwt product carrier. The ship will deliver in early 2018.

A number of Korean yards that used to build smaller product carriers have gone bust during the downturn giving Kangnam a chance to get into merchant ship production.

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Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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