U.S. and China Suspend Port Fees Central to Trump’s Shipbuilding Strategy
The United States and China have agreed to suspend retaliatory port fees on each other’s vessels for one year, marking a significant pause in a central pillar of the Trump...
 
										
					 British Virgin Islands-based firm Prosperity Investment Ltd has entered into an agreement today with China State Shipbuilding Corporation to build four, 64,000 dwt bulk carriers at CSSC’s Huangpu Wenchong shipyard for an aggregate consideration of USD $108 million, or USD $27 million per vessel.
British Virgin Islands-based firm Prosperity Investment Ltd has entered into an agreement today with China State Shipbuilding Corporation to build four, 64,000 dwt bulk carriers at CSSC’s Huangpu Wenchong shipyard for an aggregate consideration of USD $108 million, or USD $27 million per vessel.
Vessel deliveries are expected between 2015 and 2017.
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