Daesun Shipbuilding Breaks into the Mediterranean... Secures Order for One Moroccan Oil Product Carrier

Winning Against Chinese, Turkish, and Korean Competitors in International Bids Without Intermediaries

CEO Lee Su-geun of Daesun Chosun is signing a construction contract with the representative of a Moroccan shipping company.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Daesun Shipbuilding announced on February 9 that it has signed a contract to build one 9000DWT oil product carrier with PetroCab, a leading Moroccan shipping company.

This project was conducted through an international bidding process by the shipowner. Daesun Shipbuilding participated directly without intermediaries, resulting in fierce competition among shipyards from China, Turkey, and Korea.

Daesun Shipbuilding is known to have won the order by fully satisfying the shipowner's technical requirements despite being at a price disadvantage.

This vessel will operate mainly along the Moroccan coast, the Mediterranean Sea, southwestern Europe, and northwest Africa, with the primary purpose of importing petroleum products from oil majors such as Total, Shell, and BP into Morocco.

The ship required technical capabilities to meet the oil majors' technical demands, including the installation of a CPP (Controllable Pitch Propeller) to facilitate easy access to berthing ports, tailored for its special purpose.

Additionally, the vessel was designed to meet the stricter environmental regulations effective in 2025.

Daesun Shipbuilding, which stabilized after welcoming new ownership in December last year, is building a track record of constructing various small and medium-sized oil and chemical product carriers based on its existing technological capabilities.

By signing a contract with a shipping company along the Mediterranean coast, Daesun Shipbuilding is demonstrating the potential to expand into new markets.

This content was produced with the assistance of AI translation services.