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SCI inks deal with STX to augment bulk fleet |
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22/08/2008 |
| Continuing with its vessel acquisition spree, the Shipping Corporation of India (SCI) has placed orders for 4 Panamax bulk carriers with STX Shipyard. The relevant deal was inked here last week by Mr S. Hajara, Chairman and Managing Director of SCI and Mr D. K. Bae, Deputy President of STX, in the presence of Mr A. P. V. N. Sarma, Secretary of Shipping.
SCI also has 6 LR-I size product tankers and 6 Handymax bulk carriers on order with STX. The vessels would be built at the shipyard’s state-of-the-art shipbuilding facility at Dalian in China.
These vessels would be of higher capacity in the Panamax size range of 80,655-DWT each, as compared to the conventional Panamax vessels of 75,000-DWT, enabling the company to carry more cargo per voyage.
With the signing of this contract, SCI has 32 vessels of 1.44 million GT on order. These include all types of vessels, i.e. crude oil carriers, including 2 VLCCs, product tankers, dry bulk carriers, cellular container vessels and offshore supply vessels.
SCI has plans to place orders for 42 more vessels in 3-4 years. |
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