Dae Sun, the South Korean mid-sized shipbuilder, looks to have secured its first newbuilding contract of 2017.

Japanese shipowner Shokuyu Tankers has ordered a single 3,500-dwt stainless steel chemical tanker, yard officials confirm to TradeWinds.

The Busan-based shipyard said it expects to deliver the vessel by the third quarter of 2018. No financial terms were disclosed.

This is the third in a series of 3,500-dwt tankers to be ordered at Dae Sun since September last year by domestic shipowners HNCC and Samby Shipping.

Shokuyu