Thursday, July 16, 2009

Contract signing between DSME and Greece's Attica Group

In these days of almost complete stagnation in the newbuilding market, it is refreshing to witness a contract signing being celebrated.

Greece's Attica Group, a subsidiary of the powerful Marfin Investment Group (MIG), has put pen to paper with Daewoo Shipbuilding & Marine Engineering for two fast car-passenger ferries at a total cost of EUR 137m ($192m).

MIG Chairman and strong man Andreas Vgenopoulos, who started out as a shipping lawyer, says he believes there will be other such contracts between the two sides in the future.

The first of the 145-metre monohulls will be delivered in the spring of 2011 and the second in the first quarter of 2012. With a capacity for 2,400 passengers and 450 private vehicles, or 50 freight units and 150 private vehicles, the ships are planned to operate in the Greek domestic market.

The vessels will be the only passenger tonnage currently on Daewoo's orderbook. It is a return to the yard for the Greek group, with Attica chief executive Petros Vettas saying its Blue Star Paros, Blue Star Naxos and Blue Star Ithaki, which were built at Daewoo a few years ago, are the group's most successful vessels.
Date : 2009-07-03

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The people who brought this blog into life.

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Eng. Jun Valero, Eng. Dex Listanco, Eng. Nestor Tugade, Eng. Jeff Gutierrez, Eng. Oscar Plopinio, Eng. Arnold Palmiano, Eng. Gilbert Cencil, Eng. Josh Castre, Eng. Rene Lamera, Eng. Ehd Arabe, Eng. Isagani Ty, Eng. Edwin Pagdanganan, Eng. Jovert Sollano