China Shipyards Gain Huge VLOCC Orders

May 3, 2013

Singapore’s Berge Bulk to sign a LOI for the constructions with CSSC Guangzhou Longxue Shipbuilding & CSIC Bohai Shipbuilding Heavy Industry.

Singapore’s Berge Bulk is planning to place an order for up to eight very large ore carriers (VLOC) at China’s two state-owned shipyards.

The eight newbuildings are scheduled for delivery in 2014 and 2015 and are expected to cost around $57-58m per ship.

Meanwhile, Berge has proceeded with a newbuilding project for four 388,000dwt VLOCs at Bohai’s yard and the last vessel of the newbuilding series, ‘Berge Neblina', was delivered earlier this year.

Furthermore, CSIC Bohai is said to be additionally constructing two 210,000 dwt bulkers for the owner, which are slated for delivery in 2014 and 2015.
 

Logistics News

CSP Bilbao Terminal Invests $11m in New Post-Panamax Crane

CSP Bilbao Terminal Invests $11m in New Post-Panamax Crane

Hackathon Spotlights AI, Autonomous Systems for Maritime Security

Hackathon Spotlights AI, Autonomous Systems for Maritime Security

SeaRenergy Restructures Management to Compliment Company Growth, Industry Trends

SeaRenergy Restructures Management to Compliment Company Growth, Industry Trends

Sallaum Lines Orders Two 8,600-CEU Dual-Fuel PCTCs

Sallaum Lines Orders Two 8,600-CEU Dual-Fuel PCTCs

Subscribe for Maritime Logistics Professional E‑News

IFM Global offers a 'best and last' bid of $5.2 billion for Australia's Atlas Arteria
Bousso: Iran's fragile deal with oil offers relief, but there are still risks associated with the Hormuz pipeline.
Japanese shippers await details on Hormuz reopening, mine clearance