Herun signs finance deal for newbuild bulkers

Herun signs finance deal for newbuild bulkers

Shanghai: Multi-sector private company Herun has inked strategic a cooperation and finance leasing agreement with CSSC (Hong Kong) Shipping and AVIC Leasing for four 180,000dwt bulk carriers.

The company ordered the four vessels at Shanghai Waigaoqiao Shipbuilding last year as a part of the company’s plan to build a fleet of grain transport ships.

The four bulk carriers are scheduled for delivery by the end of 2015, and valued at $54m each. [29/10/14]

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