Healthy order book for STX

STX Shipbuilding in South Korea has announced new orders that include two 3,500TEU container ships plus two more options giving a total contract price of $ 171 million from Reederi Nord Klaus E. Oldendorff in Germany. Because of a 40 perscent down payment the actual unit price per vessel equates to $ 45 million.

Due for delivery during 2007, the ship?s particulars are a length of 246.8m, width of 32.2m and a depth of 19.3m with a sailing speed of 23.4 knots.

This latest order brings the Jinnhae-based shipbuilder?s order book total to 89 ships, 16 of which are container ships, worth $ 2.7 billion.