19NOV2018 - NEWS - Chinese state run shipping company Shandong Shipping enters into agreements for the construction of ten bulk carriers

Chinese state run shipping major Shandong Shipping have recently entered into agreements with two financial leasing houses Bocomm Leasing and Shandong Huachen Financial Leasing and CSSC-affiliated Shanghai Waigaoqiao Shipbuilding for the construction of ten capesize bulk carriers. The vessels will be owned by Bocomm Leasing and Shandong Huachen Financial Leasing and chartered to Shandong Shipping under a financial leasing arrangement. Shandong Shipping currently controls a fleet of 52 vessels with total capacity of 5.88m dwt, the third largest in China.

Published by Editor - www.Livebunkers.com at 19-Nov-2018 05:55:40 [UTC] , contact editor at editor@livebunkers.com