STX wins bulker orders

South Korean STX Offshore & Shipbuilding has won nine bulk carrier orders totalling $260 million in March, suggesting the shipbuilding industrys escape from recession, the company said.

The shipbuilder has won an order from Turkey’s Densa AS to build two bulk carriers, and a separate order from a local shipping firm to build three bulk carriers, in addition to an order to build four bulk carriers from a Chinese firm.

STX Offshore so far this year has won orders to build a total of 17 ships amounting to $1.31 billion. “The STX has brought a positive impact to the shipbuilding industry that was severely hit by the global recession last year,” the company said in a statement.

STX opened the world’s largest shipyard in terms of physical area last year at Changxing Island in Dalian, a coastal city in northeast China.

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