It told the Korea Stock Exchange that the shipowner is registeredin the Marshall Islands.

The price of around $33m each suggests a capacity somewherebelow the 50,000-dwt vessels ordered by d’Amico last week at Hyundai Vinashinfor $36.6m.

Steel-cutting on the products carriers is due tostart in May, but no delivery date has been given.

The yard did not divulge the name of the owner, citing aconfidentiality agreement.