Greater China

CDIG sells newbuild bulker

Dalian: Shenzhen-listed China Dalian International Economic and Technical Cooperation Group (CDIG), a multi-sector state-run group, announced that the board has agreed for its subsidiary Dalian CDIG (Singapore) Investment to sell a 64,000dwt bulker Hua Rui, which is currently under construction at a shipyard in Nantong, to Dutch owner Erasmus Shipinvest B.V. for $28.7m.

The vessel is expected to be delivered to Erasmus on November 15. [28/10/14]

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