Greater China

Ningbo Marine receives bulker

Shanghai: Ningbo Marine, currently involved in a takeover by Zhejiang Engergy Group, has just received a new 47,500dwt bulk carrier from China Shipping Industry (Jiangsu).

It is the last of a total three ships that China Shipping Industry (Jiangsu) has delivered to the company. The shipbuilding funds comes from the issuing of the company’s convertible bonds. [14/08/12]

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