Burmeister & Wain Shipyard, Copenhagen, has signed a contract with Newark Shipping Company Limited, Monrovia, Liberia, for the delivery of a 64,000-dwt bulk carrier of the fuel-saving type in the middle of 1982.

Since December 1979 the B&W yard has signed contracts for the delivery of no less than 10 ships of the above mentioned type, which is characterized by a low fuel consumption of less than 40 tons per day at an average speed of 15 knots.

With this contract the shipyard has secured work for the employees until first quarter of 1983. The B&W yard is optimistic in obtaining further orders.