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November 15, 2009

China Shipping to Build Two Ships

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

By cms admin

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.

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