Sister Act for Yangfan
Source:Seatrade Asia
2011.05.09
816
China's Yangfan Group has won capesize contracts from a sister company. HongXiang Shipping, the shipping arm of Beijing Jianlong Heavy Industry Group has gone to Yangfan's Qingdao yard for up to eight capesize bulkers. It has booked two firm 205,000 dwt newbuildings at Yangfan Group for delivery at the end 2012 and early 2013 at prices of just over $50m a unit.


