New Yangtze Shipbuilding wins order for three bulk carriers

2013-12-12 08:00

Jiangsu New Yangzi Shipbuilding Co., Ltd., a subsidiary of China's Jiangsu Yangzijiang Shipbuilding Group, has secured an order for 3 Kamsarmax bulk carriers from India's largest private shipping company, The Great Eastern Shipping Company (GE Shipping).

According to the announcement made by G E Shipping Company on the 9th (local time), the three newly built 82,000 DWT bulk carriers will be constructed with an environmentally friendly design for improved fuel efficiency, meeting EEDI requirements, and are expected to be delivered in the second to third quarters of 2016.

Although the price of the new vessels has not been disclosed, as early as August, a Greek shipping company ordered similar ship types from Chinese shipyards for approximately US$26.5 million per vessel.