China Merchants takes Chengxi backlog to 10 ships

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]

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