Pacific Carriers orders two product carriers in South Korea

Singapore-based Pacific Carriers has placed an order for a pair of 50,000 dwt MR tankers at K Shipbuilding in South Korea, according to Clarksons Research. Both ships are due for delivery in 2024. No price has been revealed for the ships, which will come equipped with scrubbers.

The comparatively early delivery slots are thanks to the yard’s recent resuscitation. Formerly called STX Shipbuilding, the yard came close to ceasing to exist before it was bought out by a local consortium last year and has since then been adding its first orders in years.

Pacific Carriers is owned by tycoon Robert Kuok and boasts a diverse fleet made up of dry bulkers, breakbulk carriers, tankers and gas carriers.

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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