Korea's Sungdong Shipbuilding gets order for two kamsarmaxes

Korean shipbuilder Sungdong Shipbuilding & Marine Engineering has bagged a brace of kamsarmax orders. ??Compatrio Sinokor Merchant Marine has signed up for a pair of 82,000-dwt kamsarmax-bulker newbuildings at Sungdong. ??They are due for delivery in late 2012. The owner is said to have paid around $38m per ship.