Subscribe to RSS feedMystery bulker order
by
Hui Ching-hoo, Hong Kong
—
last modified
Jun 25, 2009 04:19 PM
GRAND China Logistics’ surprise 30-bulker newbuilding order at Zhoushan Jinhaiwan Shipyard is reported by local media to be worth as much as Yuan13.7bn (US$2bn.
The order by Grand China Logistics from the shipyard comprises 18 capesize and 12 kamsarmax bulkers.
While the order has prompted disbelief from market observers given the huge amount of tonnage already on order, a source at the shipyard...
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