Eitzen Chemical orders 2+2 vessels

Eitzen Chemical ASA has signed an agreement with Jinse Shipbuilding Co., Ltd. in Korea for two coated 13,000 dwt chemical carriers for $23.6 million per vessel for delivery in 2008. The contract includes an option for two additional units.

Following this order, the company’s newbuilding program consists of 35 vessels (plus two options) to be delivered before 2010. Its current owned and financially controlled fleet consists of 73 vessels, with another 14 vessels under management.