CSIC Secures Kamsarmax Orders

6 September 2010 (Last Updated September 6th, 2010 18:30)

China Shipbuilding Industry Corporation (CSIC) has secured building orders worth $288m from a Chinese port company and a Hong Kong drybulk operator. Beibu Gulf Hong Kong, the subsidiary of China-based Guangxi Beibu Gulf International Port Group, and Hong Kong-based Pacific Bulk have ord

China Shipbuilding Industry Corporation (CSIC) has secured building orders worth $288m from a Chinese port company and a Hong Kong drybulk operator.

Beibu Gulf Hong Kong, the subsidiary of China-based Guangxi Beibu Gulf International Port Group, and Hong Kong-based Pacific Bulk have ordered four 82,000dwt Kamsarmax vessels.

Qingdao Beihai Shipbuilding Industry and Wuchang Shipbuilding Industry of CSIC will build a pair of Kamsarmax vessels which are expected to be rolled out through 2011.

The vessels will cost $34m-$36m each, according to asiasis.com.