Daehan Shipbuilding christens its first vessel

Daehan Shipbuilding has celebrated today the christening of its first vessel at its shipyard located in Haenam, Korea.

This 170,500dwt vessel, which is 289m L.O.A. and 45m beam, is the first in the series of eight capesize bulk carriers ordered from the Norwegian Golden Ocean Group in November 2006. It shall be delivered to the owner on June 27th since its keel-laying ceremony was held back to August 2007. Currently the second vessel is completed up to 70% and shall be delivered at the end of August. Daehan Shipbuilding's second block factory, Taejon Heavy Industries, capable of producing 150,000 tons of blocks annually, shall start its operation from the end of July. The company believes that having this second factory will help supply itself with 250,000 tons of blocks every year. Daehan Shipbuilding has received refund guarantees for a total of 19 capesizes.

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