On 17th May 2011, China's Rongsheng Heavy Industries signed a contract with Golden Union, a Greek shipowner, for 2+2 Panamax bulk carriers, further enhancing the Company's orders on hand.
This is the second order placed by Golden Union in 2011, following 2 panamax bulk carriers placed earlier. Up to date, the company is holding orders of 4+2 panamax bulk carriers from Golden Union.
The company had delivered 2 panamax bulk carrier and 1 capesize bulk carrier for this customer in the past. Golden Union was founded in 1977 in Greece. Up to date, Golden Union operates a fleet of over 20 vessels and is a top operator in Greece for bulk goods.