Greater China

Wenchong Shipyard bags Cosco orders

Guangzhou: Cosco announced today that wholly-owned subsidiary, Prosperity Investment Limited, has signed shipbuilding contracts with China Shipbuilding Trading Co yesterday to construct four 64,000 dwt bulkers.

The vessels will be built at CSSC Huangpu Wenchong Shipbuilding, at a price of $27m each, with deliveries scheduled between 2015 and 2017. [31/12/13]

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