China Shipping Bulk Carrier Hires Nine Bulkers

Business & Finance

China Shipping Bulk Carrier has entered into two charter agreements with sister companies China Shipping Haisheng and China Shipping Industry, the parent company China Shipping Development revealed in a stock exchange filing.

The charter deal with Haisheng Shipping relates to six 57,000 dwt bulkers for a period of eight months.

China Shipping Industry has agreed to lease three 55,000 dwt bulkers under the same terms.

The value of the deal totals in USD 13.7 million (CY 85 million)

The chartered bulkers are intended for employment on international and domestic trade, the filing with Shanghai Stock Exchange reads.

World Maritime News Staff