Boxships for Yangfan

Shanghai: Bernhard Schulte and US banking institution JP Morgan have come together to order a series of medium-size boxships in China.

Zhejiang Yangfan Group will construct up to eight 2,300 teu boxships for the pair in a four plus four option deal with deliveries scheduled in 2014 and 2015. Pricing is thought to be in the region of $26.5m per ship.  [12/10/12]

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