Sinochem Group books four ships in Korea
Sinochem Group has signed a shipbuilding letter of intent with Korean 21st Century shipyard for four stainless steel 20,000dwt chemical tankers. The two sides are negotiating for lower price as the recent quote is $40m per ship.
The shipyard said they will sign the formal contract in October and the first ship will be delivered in the first half of 2011.
The shipyard said they will sign the formal contract in October and the first ship will be delivered in the first half of 2011.