Jinhai Heavy Industry to build 21 new vessels

Chinese shipyard Jinhai Heavy Industry (formerly Zhoushan Jinhaiwan Shipyard) has received a 21-ship order from Grand China Logistics. The yard will build six 320,000DWT tankers, six 180,000DWT bulkers and nin 80,000DWT bulkers. All vessels will be delivered by 2010. The ship prices have not been revealed.