Shanghai: Chinese shipbuilder Jiangsu Hantong has secured contracts for four 64,000dwt ultramax vessels from Spar Shipping.
The contracts include the exercising of two options and two new contracts, which are due for delivery between mid-2015 and mid-2016.
The original 2+2 64,000dwt ultramax vessels contract was signed in 2013. The first two vessels are due for delivery in January 2015. [27/02/14]