On Air Night Flight | 1:00am - 6:00am

Record ship contract for Dohle

Isle of Man based shipping firm Dohle (IOM) Ltd has signed a $1.36 billion dollar shipbuilding contract, the largest of its kind in the company's history.

It's with Korea's Samsung Heavy Industries to build four megacarriers, with the option of four more.

The 366 metre long vessels will be delivered in 2011.

More from Isle of Man Business