China COSCO Places 10-Ship Bulk Carrier Order

China Shipbuilding Trading and Chengxi Shipyard received an order today from Prosperity Investment, a wholly-owned subsidiary of China COSCO for eight new bulk carriers.  Four of the ships will be 38,800 dwt and another four will be 63,800 dwt and come at a total consideration of USD $99,200,000 and USD $114,400,000, respectively. In addition to the above orders, COSCO also … [Read more...]

Ship Photo of the Day: China Navigation’s MV Wuchang

China Navigation Company (CNCo) took delivery of the handysize bulk carrier MV Wuchang last month, the first in a series of sixteen new B.Delta37 designed, Lloyd’s Register-classed ships from Chengxi Shipyard and to be followed by an additional four at Ouhua Shipyard In an emailed note, Lloyd's Register comments that fifty-three of these B.Delta37 designs have been … [Read more...]