Industry sources say a KRW 367.7bn ($311m) deal for up to four newbuildings announced last week by the South Korean shipbuilder was inked by the Israeli owner. The deal is for two firm vessels, plus two options, with delivery scheduled for 2018.

Ray’s latest order brings to six the total number of firm 7,700-car-equivalent-unit (ceu) PCTCs it has booked at HMD.