Zhejiang Zhenghe Shipbuilding has secured an order to build five 76,000dwt bulkers for Chinese shipowner Dongguan Haichang Shipping.

The order is part of Dongguan’s Panamax expansion programme, which will cost Zhejiang around CNY200m ($29.5m) a ship, according to asiasis.com.

The company expects to take delivery of the first vessel in January 2011.

According to a Dongguan official, the Panamax ships will be flagged in China.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData