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Cosco Shipping takes option for third pulp carrier at Cosco Dalian

Cosco Shipping Specialized Carriers has announced that the company has decided to execute the option to construct one more 62,000 dwt pulp carrier at Cosco Dalian Shipyard.

Cosco Shipping Specialized Carriers signed the original contract for two 62,000 dwt pulp carriers at the shipyard at the end of August, after it entered into a COA contract with Brazilian pulp exporter Suzano Group in March.

The price for each vessel is RMB222m ($33.7m) and all the three vessels are scheduled to be delivered in 2019.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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