China to develop $220 million new 4 bulk cargo ship

Source: Internet
Author: User
Keywords Bulk Carrier
China Sea Development (600026) November 19 Evening announcement, the company's wholly-owned subsidiary of China Sea Development (Hong Kong) Shipping Co., Ltd. is proposed in Shanghai Jiangnan Changxing Heavy Industry Co., ltd to build 4 new 180,000 DWT bulk carrier, the contract price of about 220 million U.S. dollars.  The company's board of Directors also approved and Jiangnan Changxing signed 2 180,000-ton bulk cargo ship selection agreement. The company also announced, the company intends to and Crown Tak Holdings (00934. HK), a wholly-owned subsidiary of the International Investment Co., Ltd. in Hong Kong to form a joint venture LNG Transport Investment Co., Ltd., the company contributed 3.5 million U.S. dollars, accounting for 70% shares.
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