Fujian Haitong steps into newbuild market with MPP order

Chinese bulker owner Fujian Haitong Development has continued its fleet expansion with a rare move into the newbuilding market, ordering three multipurpose heavylift vessels at Taizhou Kouan Shipbuilding. The Shanghai-listed company disclosed the deal in a stock exchange filing, putting the total investment at up to RMB900m ($129m) before tax. Delivery dates for the 62,000 …

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