Qingdai Hyundai clinches seven PCs

Qingdao Hyundai Shipbuilding (QHS) has won an additional newbuilding contract for seven 5,500 DWT product carriers with the Greek shipping company Agean Bunkering Services Inc. Agean has already ordered 9 similar product tankers in January and, with this additional contract, the Greek company has ordered a total of 16 ships from QHS.

QHS recently completed the construction of a new slipway capable of building vessels up to 25,000DWT while a second outfitting quay of 500 metre in length is under construction and will be completed early next year.