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Daehan Shipbuilding scores two boxship newbuilding orders for $232.1m | Container news

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South Korea-based Daehan Shipbuilding has bagged a fresh newbuilding contract for two container ships, bringing the tally of deals it has secured in just one month to 10 ships.

The shipbuilder, which secured orders for eight suezmax crude oil carriers in September, has now signed a contract worth approximately KRW 330bn (around $232.1m) to build two 8,800 TEU container ships, further expanding its presence in the global mid-sized shipbuilding market.

The company said it signed on October 14 its first container ship contract with a Panama-based shipping company, broadening its customer base beyond its traditional markets in Europe and Oceania.

The newly ordered 8,800 TEU container ships will be eco-friendly vessels, in line with IMO’s latest environmental standards. Each ship will be equipped with a sulfur oxide reduction device (scrubber) and is scheduled for sequential delivery starting in March 2028.

With this latest contract, Daehan Shipbuilding has secured a total of 10 ships in just one month, following six suezmax crude oil carriers (worth KRW 710bn) on September 22, and one vessel each on September 29 and 30.

A Daehan Shipbuilding official said, “This contract marks an important milestone in our ship-type diversification strategy,” adding, “Following the four tanker orders placed on September 22, this agreement with a new client also carries significant meaning in terms of customer diversification.”

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