Govt OKs Kuipers $256m Ship Order

The Iraqi government has reportedly approved a $256-million submission from Dutch shipbuilder Kuipers to supply it with eight cargo ships.

The eight vessels, comprising three 55,000 dwt bulkers, three 1,200 teu container carriers, and two 18,000 dwt multi-purpose vessels, are due for delivery two years from the date of signature of a final contract.

According to a report from IHS Maritime 360, market sources indicated that Kuipers plans to have the vessels built by Vietnam's Dung Quat Shipbuilding, formerly part of the Vinashin Group, and expressed surprise at the government's choice of a bid involving a "relatively small and new shipyard" with little experience of constructing these types of vessels.

(Source: IHS Maritime 360)

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