HJH CSL jv exercises bulker option at CSSC Chengxi

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 worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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