China: Rongsheng Heavy and UFL Ink MoU for Two Bulkers

China Rongsheng Heavy Industries Group Holdings Limited (RSHI) and Ukrainian agricultural conglomerate UkrLand Farming Public Ltd (UFL) inked, few days ago in Beijing, a memorandum of understanding (MoU) for the construction of new bulk carriers.

So far there is no firm order signed but according to the MoU, Rongsheng Heavy should build two new bulk carriers for the UFL.

China Rongsheng Heavy Industries is a leading large-scale heavy industry enterprise group. It possesses two manufacturing bases of shipbuilding and offshore engineering in Nantong of Jiangsu Province and diesel engine in Hefei of Anhui Province both approved by NDRC, covering wide services ranging from shipbuilding, offshore engineering, power engineering, engineering machinery and etc.

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Shipbuilding Tribune Staff, December 10, 2012