Ditas Shipping has finalized an order for two suezmax tanker newbuildings at Hyundai Heavy Industries.

The shipbuilder said it expects to deliver the two 158,000-dwt newbuildings to the Turkish shipowner sometime in 2018.

The contract is also the first order received by any of South Korea’s top three shipbuilders in 2016 due to depressed shipping markets.

They failed to clinch any new orders in January, the first time they have not received any orders for a month since September 2009.

TradeWinds