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April 26, 2010

Greek Group Signs Vessel Contract

Restis Group has signed an agreement with Korean company Hyundai Heavy Industries to build three Kamsarmax bulk carriers. The price of each vessel is believed to be $37.5m, according to asiasis.com. The trio is expected to be delivered by the shipbuilder's Ulsan yard in 2012.

By cms admin

Restis Group has signed an agreement with Korean company Hyundai Heavy Industries to build three Kamsarmax bulk carriers.

The price of each vessel is believed to be $37.5m, according to asiasis.com.

The trio is expected to be delivered by the shipbuilder’s Ulsan yard in 2012.

In 2005 the Greek group contracted a number of Capesize bulkers and Aframax product tankers from Sungdong Shipbuilding & Marine Engineering.

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