After Acquisition by New Owner Dongil Steel, Largest Order Contract Achieved, Annual Target of $300 Million Already Met

Daesun Shipbuilding Yeongdo Shipyard.

Daesun Shipbuilding Yeongdo Shipyard.

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[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] Daesun Shipbuilding has secured an order for eight chemical tankers worth 400 million USD (445 billion KRW). It is a festive atmosphere as the new owner, Dongil Steel, has achieved the largest order contract since the acquisition.


On the 23rd, it was confirmed that a contract was signed with ACE Tanker, a European company specializing in the transportation of special chemicals, for eight 33K SUS Chemical tankers (including options).


Considering recent ship prices, the total is expected to exceed 400 million USD (445 billion KRW). Daesun Shipbuilding has already achieved this year's order target of 300 million USD by securing three SUS Chemical tankers from domestic shipowners in February and one from a Moroccan shipowner in March.


The ordering company, ACE Tanker, is a subsidiary of EPS, a world-renowned Singaporean shipping company that placed an order for the SOK MR tanker which Daesun Shipbuilding secured in February 2020.


It is known that the order and contract were made based on trust in Daesun Shipbuilding's technical response capabilities for ships currently under construction as well as production quality.


Since entering the niche market of domestic SUS Chemical Tankers in 2004, Daesun Shipbuilding has built a total of 16 ships, and with this contract, it now holds a total order record of 28 ships.


In particular, the SUS Chemical Tankers ordered this year have cargo holds for chemical products made of special Duplex series SUS material.


This recognizes Daesun Shipbuilding's specialized technology and production competitiveness in building special chemical tankers.



With full support from the new owner, Dongil Steel, this achievement is evaluated as a success in outcompeting medium and large shipyards in China and Japan.


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

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