Saturday 27 October 2012

Norse Management Orders Two Bulk Carriers from China

Shanghai Waigaoqiao Shipbuilding
UK’s marine and investment management company Norse Management placed an order for a pair of 82,000 dwt dry bulk carriers with Chinese shipyard Shanghai Waigaoqiao Shipbuilding, SeatradeAsia reports.
The vessels’ price is $28m each and they should be delivered in the second half of 2014.
Under the contract there is an option for three more vessels with the same specifications. The option exercise is expected by the end of this year.

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