COSCO continues bulker fleet expansion with newcastlemax series
Chinese state-owned shipping giant COSCO has further expanded its dry bulk newbuilding initiative with up to eight newcastlemax vessels at its group yard, COSCO Shipping Heavy Industry Yangzhou. The deal with an undisclosed value covers three firm and five optional 210,000 newbuilds, which will be operated by COSCO Shipping Bulk. The vessels will be methanol- …
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