Greater China

Hantong inks 12 bulkers

Shanghai: Jiangsu Hantong Shipbuilding & Heavy Industry has signed shipbuilding contracts with German owner Conti Reederei for the construction of four 63,800dwt bulkers with options for eight more.

The price for each vessel was not disclosed, with the four firm orders to be delivered between July and October 2015.

Hantong said the company is currently in negotiations with shipowners for contracts on more than 20 vessels, which if successful will keep the shipyard busy through until 2017. [25/03/14]

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