The company has not revealed the value of the order but, according to industry estimates, each of the vessels could cost between $48m to $51m. The final contract follows a basic agreement between the South Korean shipyard and Zodiac Maritime that was signed earlier this year in April.
Sungdong inks Zodiac boxship quartet
South Korean shipbuilder Sungdong Shipbuilding & Marine Engineering has received an order from UK-based Zodiac Maritime to build four 3,600 TEU containerships for delivery in 2013.