AsiaDry Cargo

China Navigation takes bulker trio

Broking sources say China Navigation is the buyer of a trio of 38,800 dwt handysize newbuildings. The ships were originally ordered by German bulker outfit Bertling. The ships have now been sold by the yard, Huanghai Shipbuilding.

The ships are named Cumbria, Galicia and Venezia and are of the Green Dolphin design with China Navigation thought to have picked them up for around $15.4m each.


Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.
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