Russian shipbuilder Krasnoye Sormovo is close to sealing an order for 11 new dry cargoships.

It expects to sign a contract in the first quarter of 2019 for the RSD59 project ships, Interfax cited the plant's acting director general Mikhail Pershin as saying.

Their capacity has been increased by 600 dwt to 8,000 dwt.

This is equal to loading 10 additional railway cars.