Zhejiang Shipping seals New Dayang bulker deal
AI Summary
Zhejiang Shipping Group has signed a deal to acquire two ultramax bulk carriers from New Dayang Shipbuilding worth approximately $77 million. The vessels are conventionally fueled and represent a significant investment by the Zhejiang Provincial Transportation Investment Group.
Chinese owner Zhejiang Shipping Group has signed up for two ultramax bulk carriers at New Dayang Shipbuilding. The contract is worth RMB519.6m ($77m), or about $38.5m per 64,000 dwt vessel, according to the result of a public tender launched by the owner’s parent, Zhejiang Provincial Transportation Investment Group. The two conventionally fuelled ships will be …