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HJH CSL jv exercises bulker option at CSSC Chengxi

A joint venture by Canada’s CSL group and German Hartmann family’s HJH Shipmanagement has exercised an option with CSSC Chengxi Shipyard to build one 40,000 dwt self-unloading bulk carrier.

CSL and HJH formed the 50/50 joint venture last year and signed for one 40,000 dwt bulker plus one option at CSSC Chengxi.

The vessel, which will be equipped with a scrubber, is scheduled for delivery in early 2021.

The vessel will be chartered on a long-term basis to the Mibau Stema Group, a joint venture between the Heidelberger Cement and the Hartmann family, to transport construction materials.

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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