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2011 November 18   10:58

Zodiac places stellar order at STX

South Korea's STX Offshore & Shipbuilding has bagged a new order for 2 4 16,000 teu boxships from a European shipping company, believed to be Zodiac Marine, Seatrade Asia online reports. On top of that Zodiac upgraded an order placed last year for up to ten 13,000 teu ships to a newly enlarged 16,000 teu series.
STX said the price would be $160m per ship, compared with the original cost of $140m for the 13,000 teu vessels.
The whole deal, including order upgrade, comes in at $1.6bn. The ships will be built at STX’s Jinhae yard in Korea and measure 399m in length, making the design the second largest on the market after Maersk and DSME’s 18,000 teu series.
The news is a welcome fillip for STX, the world’s fourth largest builder, which has not been able to keep up this year with the big three in Korea who have snared billions of dollars of offshore and LNG contracts. 

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