Greater China

Jiangsu Rainbow bags new bulker contracts

Shanghai: Jiangsu Rainbow Heavy Industries (RHI) announced that subsidiary Nantong Rainbow Offshore & Engineering Equipment has signed a shipbuilding contract with Marshall Islands registered owner Corretaje Maritimo Sud Americano Inc. for the construction of a 15,500dwt self-unloading bulker with four options.

The price for the vessel is $23.05m and the delivery is scheduled in 2016. [17/06/14]

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