K Shipbuilding has joined the red-hot container ship market, securing eight LNG dual-fuel neo-panamax newbuildings worth about $1.04bn.
Shipbuilding sources said the South Korean shipyard has struck newbuildings deals with liner carrier Mediterranean Shipping Co (MSC) and Canada’s Seaspan Corp.
Each company has ordered four 8,000-teu container ships that will be fitted with GTT’s Mark III Flex membrane-type containment system.
