Shanghai: In a release to the Shanghai Stock Exchange China Merchants Energy Shipping (CMES) has announced its has taken its options at Chengxi Shipyard to build a further four bulkers. CMES is taking the highly popular 64,000 dwt design, one of the most ordered ships in China last year. Last September CMES signed for a pair of these ultramaxes and the deal came with eight options, all of which have now been exercised. [04/02/14]
