Pan Ocean signs newbuilding contracts

Pan Ocean, successor to the bankrupt carrier STX, has ordered two new Capesize vessels.

Korean Pan Ocean - the former STX Pan Ocean, which is under bankruptcy protection and which has been costly acquaintance for carriers such as J. Lauritzen, Western Bulk, and others - has ordered two new Capesize bulk vessels for a total price of USD 112.8 million.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading