Korean Shipping Firm Shinsung Orders Four 6,500 dwt Cargo Vessels

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South Korean owner Shinsung Shipping has placed an order at China’s Jiangsu Dayang Offshore Equipment for the construction of four 6,500 dwt cargo ships.

The vessels will be classified by the Korean Register, however, further details about the contract are yet to be revealed by the two firms.

Currently, the Korean shipping company operates a fleet of 16 vessels, most of which are small and medium cargo vessels, ranging between 2,700dwt to 11,000dwt.

Sea News, December 19

Baibhav Mishra
Author: Baibhav Mishra

Associate Editor, Sea News