CSSC Shipping expands dry bulk portfolio with 10 newbuilds

Hong Kong-listed CSSC Shipping has signed up for ten 80,000 dwt bulk carrier newbuildings in China in a CNH3.235bn ($481m) fleet expansion. The ship leasing arm of state-owned China State Shipbuilding Corporation has entered into contracts with Chengxi Shipyard and China Shipbuilding Trading, with Chengxi and CSSC Guangxi jointly responsible for the design, construction and … Read full article →