COSCO books 16 grain carrier newbuilds

China’s COSCO Shipping Bulk has signed up for another 16 multipurpose grain carriers at Fujian Shipbuilding, extending its newbuilding spree in the dry bulk sector. The latest batch of 87,000 dwt vessels was contracted, with three Chinese financial leasing companies backing the programme. ICBC Financial Leasing is involved in 11 ships, Zheyin Financial Leasing in … Read full article →