COSCO seals newcastlemax orders

COSCO Shipping Bulk is swelling its fleet with eight newcastlemax bulk carrier newbuilds at a domestic yard in a deal worth around $640m. Brokers tell Splash, that the dry bulk arm of the Chinese behemoth COSCO Shipping has booked 210,000 dwt units at Jiangsu Hantong, each priced at $80m. The newbuilds are scheduled for delivery …

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