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.
By clicking the “Submit” button above, you accept
the Terms & Conditions and acknowledge that your data will be used