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10<br />

I<br />

n February 2004 Mrs. Christiane E. Oldendorff, our<br />

Chairman & Managing Director, took <strong>the</strong> opportunity <strong>of</strong> <strong>the</strong><br />

favourable market conditions to sign with STX shipyard <strong>of</strong> South<br />

Korea, a contract to build 2 + 2 optional, 3500 teu gearless container<br />

vessels for delivery in <strong>the</strong> middle <strong>of</strong> 2007.<br />

At <strong>the</strong> initial signing stage, she signed for 2 vessels to be<br />

built. The signing ceremony was carried out on <strong>the</strong> 28th <strong>of</strong><br />

February 2004 at Villa ‘NORD' here in Limassol Cyprus.<br />

When Mrs. Oldendorff visited <strong>the</strong> HHI yard in Ulsan on<br />

<strong>the</strong> 6th <strong>of</strong> May, to take delivery <strong>of</strong> NORDMERKUR, <strong>the</strong> last <strong>of</strong><br />

our four 'Planets' Panamax product carriers, she took <strong>the</strong><br />

opportunity to travel across to <strong>the</strong> STX yard and sign for <strong>the</strong> 2<br />

optional vessels which now will be delivered in <strong>the</strong> first half <strong>of</strong><br />

2008.<br />

STX has fast grown to be a reputable yard and now stands<br />

at number 6 among <strong>the</strong> ship building yards in <strong>the</strong> world. They<br />

build a variety <strong>of</strong> vessels from Containers, Bulk Carriers, Tankers<br />

(products and crude) and pure Car Carriers as well. We are<br />

looking forward to <strong>the</strong>se new buildings, which no doubt will be<br />

<strong>of</strong> a very good quality.<br />

NORD NEWS Summer 2004<br />

Principle Dimensions<br />

Length Overall -<br />

Length between perpendiculars -<br />

Breadth, moulded -<br />

Depth, moulded -<br />

Design draft, moulded -<br />

Scantling draft, moulded -<br />

Deadweight at design draft -<br />

HFO capacity -<br />

MDO capacity -<br />

Freshwater capacity -<br />

Ballast water capacity -<br />

Container capacity -<br />

On deck (based on 6 tiers)<br />

In hold (based on 7 tiers)<br />

Reefer containers -<br />

Main engine -<br />

MCR -<br />

NCR (90% MCR) -<br />

Speed -<br />

Consumption -<br />

Range -<br />

Complement -

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