Chinese shipyard, Shanhaiguan New Shipbuilding Industry has recently won its third cement carrier order from Precious Shipping.
The new 20,000dwt vessel values about $24.2m and is scheduled for delivery by the end of July 2014. It is said the vessel will sail with Singapore flag.
Precious Shipping has ordered two same vessels at the shipyard for the same price in December 2012, which is to be delivered by January and April next year.
Shanghaiguan new owns an order catalog of seven bulkers and two cement carriers.