Dry CargoGreater China
Zhejiang Shipping Group to order two supramax bulkers
State-run Zhejiang Shipping Group has issued an tender seeking shipyards to construct two 51,000 dwt supramax bulk carriers.
The company has allocated RMB330m ($46.6m) for the newbuilding project and it plans to deploy the new vessels for domestic coastal and river shipping operations. It expects to take delivery of the ships within a 24-month period.
Zhejiang Shipping currently owns a fleet of 24 bulk carriers with total capacity of 1.05m dwt.