Ship operators Bernhard Schulte & US banking institution JP Morgan have come together to order a series of medium-size boxships in China.
Zhejiang Yangfan Group will construct up to eight 2,300 teu boxships for the pair in a four plus four option deal with deliveries scheduled in 2014 and 2015. Pricing is thought to be in the region of US$26.5-million per ship.
Zhejiang Yangfan Group is the largest shipbuilding group in Zhejiang Province and the scope of its bussiness operation includes shipbuilding and marine outfitting.
Source: SinoShip News