JES International Secures Two Bulk Carrier Orders

13 June 2010 (Last Updated June 13th, 2010 18:30)

JES International has secured contracts for two bulk carriers from Shanghai Baosteel Shipping and Great Dragon. The contract is for a 57,000dwt bulk carrier from Baosteel, to be delivered by July 2011, and a 79,800dwt bulker Panamax from Great Dragon in June 2011. Baosteel ha

JES International has secured contracts for two bulk carriers from Shanghai Baosteel Shipping and Great Dragon.

The contract is for a 57,000dwt bulk carrier from Baosteel, to be delivered by July 2011, and a 79,800dwt bulker Panamax from Great Dragon in June 2011.

Baosteel has already received the first instalment for the carriers, according to tradewinds.com.

The financial details of the contracts have not been disclosed.