Tuesday, December 18, 2007--Israel Shipyards won two contracts, worth over $50 million, to build four general cargo ships for two European customers, according to a report on www.port2port.com. Israel Shipyards Ltd (ISL) has specialized in military shipbuilding.
The first customer ordered two ships which will be employed by European cement manufacturers the second, a shipping company which operates some 50 vessels of similar size.
The four 90 meters long vessels on order, are classified as dwt 4,500 bulk vessels which can transport, in addition to ordinary bulk cargo, heavy and oversize cargoes.
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