Cash-rich Korea Line Corp (KLC) has acquired half-a-dozen resale supramax-bulker newbuildings for more than $264m.
The Seoul-based company confirms that STX Shipbuilding's new yard in Dalian, STX Dalian, will deliver the vessels in 2009 and 2010.
Shipping players say KLC bought the 58,000-dwt vessels from Hong Kong-based Parakou Shipping for $44m to $45m each. But the South Korean owner declines to comment on the price and the seller's identity.
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