Jinhai Heads to Oshima for New Bulker

jinhui logoJapanese bulk carrier specialist Oshima Shipbuilding won an order today to build a 60,000 dwt bulk carrier for Jinhai Marine Inc.

Contract price for the new vessel is USD $29.1 million and delivery is planned for 31 March 2016. 70 percent of the contract value will be bank-financed according to Jinhai.

Upon delivery Jinhai notes that they intend to charter out the vessel.