Guangdong Yudean Shipping, the dry bulk shipping unit of state-run power company Yudean Group, has entered into an agreement with Shanghai Guodian Shipping, a subsidiary of Fujian Guohang Shipping, to start a series of shipping collaboations in areas including ship chartering and ship management.
Under the latest partnership, Yudean Shipping has chartered the 2011-built panamax bulker Guo Yuan 12 from Shanghai Guodian Shipping for a period of one year.
from Shanghai Guodian Shipping for a period of one year.In May, Yudean Shipping signed a similar contract with Fujian Shipping Group and chartered the 1990-built panamax bulker Dong Fang Sheng.
Yudean Shipping operates a fleet of 23 bulkers comprising of panamax, post-panamax and supramax bulkers.
