Precious Shipping Heads to Nanjing for More Bulk Carriers

Rob Almeida
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February 26, 2014

Precious Shipping, the Thailand-listed cement shipper, announced this week the newbuild order for two 64,000 dwt bulk carriers from Nanjing-based Sainty Marine Corporation.

The total contract value for the order is USD $55.80 million and the vessels are scheduled for delivery by the end of Q1 2015.

Precious Shipping notes the two vessels will be flagged in either Singapore or Thailand.

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