JinLing Shipyard to build ten handysize bulkers

9 November 2011 (Last Updated November 9th, 2011 18:30)

CSC JinLing Shipyard has received an order from Ariston Shipping of Greece to build six handysize bulkers.

CSC JinLing Shipyard has received an order from Ariston Shipping of Greece to build six handysize bulkers.

The order includes an option for four additional units.

The company said that it ordered the 37,000dwt newbuildings instead of larger capesize or panamax bulkers because big vessels face oversupply and a possible rates slump, reported asiasis.com.