China Shipping to Build Two Ships
Join Our Newsletter - Get important industry news and analysis sent to your inbox – sign up to our e-Newsletter here
X

China Shipping to Build Two Ships

15 Nov 2009 (Last Updated November 15th, 2009 18:30)

China Shipping Development will pay $65.2m to build two 76,000t bulk cargo ships with China State Shipbuilding and the Jiangnan shipyard. The company will pay using a mixture of self-financing and bank loans. The bulk carriers will be delivered in September and October 2010 a

China Shipping Development will pay $65.2m to build two 76,000t bulk cargo ships with China State Shipbuilding and the Jiangnan shipyard.

The company will pay using a mixture of self-financing and bank loans.

The bulk carriers will be delivered in September and October 2010 and are expected to transport coal to the country’s power plants.

Free Report

COVID-19 Executive Briefing

Enter your details here to register for the event and receive your free report.

FREE REPORT: GlobalData’s 60-page COVID-19 Executive Briefing report will help you understand the COVID-19 outbreak, its economic impact, and implications for specific sectors.

By clicking the “Submit” button above, you accept the Terms & Conditions and acknowledge that your data will be used as described in the Arena Financial Privacy Policy.

We will also collect and use the information you provide for carefully considered and specific purposes, where we believe we have a legitimate interest in doing so, for example to send you communications about similar products and services we offer. We will always give you an option to opt out of any future communications from us. You can find out more about our legitimate interest activity in our privacy policy here. ‘We’ includes Verdict Media Limited and other GlobalData brands as detailed here.