SCI Orders Vessels at Jiangsu

3 October 2010 (Last Updated October 3rd, 2010 18:30)

Shipping Corporation of India has ordered eight vessels at Jiangsu Rongsheng Heavy Industries in China for $557.2m. The order from the state-owned shipping firm includes four 80,000dwt Kamsarmax dry bulk carriers, which will cost $33.3m each. The Chinese yard will also build four

Shipping Corporation of India has ordered eight vessels at Jiangsu Rongsheng Heavy Industries in China for $557.2m.

The order from the state-owned shipping firm includes four 80,000dwt Kamsarmax dry bulk carriers, which will cost $33.3m each.

The Chinese yard will also build four 318,000dwt oil supertankers, including two optional tankers at a price of $106.7m each, according to livemint.com.