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SK Shipping orders VLOC pair at DSIC

South Korean shipowner SK Shipping has placed an order at CSIC-affiliated Dalian Shipbuilding Industry (DSIC) for the construction of two 325,000 dwt VLOCs.

The price for each vessel is $74.2m and delivery dates are scheduled in March and May 2021.

The contract is part of a long-term COA deal SK Shipping entered into with Brazilian miner Vale, who has entered into a series of COA deals with a number of Chinese and South Korean shipping companies. The COA deals will see dozens of VLOC newbuildings transporting iron ore for Vale from 2019 onwards.

Last week, South Korean firm Pan Ocean ordered six VLOCs at China’s New Times Shipbuilding under the COA deal with Vale.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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