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An agreement has been reached between Iason Hellenic Shipping Co. Ltd (IHS) and SPP Shipbuilding Co. Ltd (Korea) to upgrade the two (2) 81,000 dwt Kamsarmax dry bulk vessels originally on order to the latest 82,000 dwt Kamsarmax design recently launched by SPP Shipbuilding Co. Ltd.

In exercising the option to upgrade to the newest design, our principals will benefit from the increased transportation capacity, more powerful and efficient engine and overall further improved specifications currently available.

 

Iason Hellenic Shipping Co. Ltd (IHS) has reached an agreement with Zhejiang Ouhua Shipbuilding Co. Ltd in China for the construction of an 82,000 dwt Kamsarmax dry bulk vessel to be delivered in Q2 2012. Hull Nr. 620 has been designed and will be constructed under the auspices of Lloyd’s Register of Shipping.

The vessel will be managed by IHS, will be registered under the Maltese flag and it is expected to be deployed primarily in coal trades servicing the buoyant Chinese demand for coal.

Incorporated in 2004, Zhejiang Ouhua Shipbuilding Co. Ltd owns and operates one of the most modern Chinese shipyards. The shipyard is located in the Zhoushan Province on the shore of the East China Sea and in China's rapidly developing Yangtze River Delta near Hangzhou Bay and Beilun, the largest port in Eastern China. The yard currently operates under ISO-9001:2008 QMS,

Iason Hellenic Shipping Co. Ltd (IHS) has reached an agreement with SPP Shipbuilding Co. Ltd in Korea for the construction of two 81,000 dwt Kamsarmax dry bulk vessels to be delivered in Q4 2011 and Q1 2012 respectively.
Hulls S-5090 and S-5091 have been designed and will be constructed under the auspices of  Lloyd's Register of Shipping.

Established in 2002, SPP Shipbuilding Co. Ltd is the world's 10th largest shipbuilder with over 240 orders and 100 vessels already delivered. It operates two shipyards in the Republic of Korea with over 2,700 employees 

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