Universal clinches two bulkers

Universal Shipbuilding in Japan secured an order for two Capesize bulk carriers from domestic ship owner Shinwa Kaiun Kaisha. One of the bulkers is a 297,000DWT vessel measuring 327 metres long, 55 metres wide, a draught of 21.40 metres and scheduled for delivery in January 2009.

The other bulker is a 207,060DWT vessel measuring 299.70 metres, 50 metres, a draught of 18.20 metres slated for delivery in August 2008.