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China: COSCO Nantong Wins Newbuilding Contract

Posted by | 07.01.2013 | Maritime News

China: COSCO Nantong Wins Newbuilding Contract
Jiangsu Ocean Shipping (JOSCO) has chosen the right time to order new vessels taking advantage of low prices and eco-design of newbuildings.
Namely, JOSCO has entered into a shipbuilding contract with COSCO Nantong Shipyard for construction of two 61000 dwt bulk carriers with expected delivery in the first half of 2014, SinoShip News portal reports.
JOSCO currently operates a fleet of 19 vessels.

World Maritime News Staff, January 7, 2013; Image: COSCO

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