New dock for Unithai

Unithai is soon to sign a contract for a newbuild floating dock for its yard at Laem Chabang. The 33 x 200m dock will be built in China. Though it will be a very large handymax dock, the yard`s Derick Soares advises that it should be able to hold some panamax tonnage.

With its currency based price advantage of last year eroded, Unithai is becoming more aggressive and aims to match Chinese price levels for drydocking and general repairs.