Yangfan Wins Capesize

Source:Asiasis
2011.09.09
776

China’s Yangfan Group has won an order for up to six capesize bulkers from a Norwegian shipowner.
A Yangfan executive confirms it has received an initial order for two capesizes from a company in Norway.
He adds that the 205,000-dwt newbuildings are costing in excess of $60m apiece for delivery in 2013.
A source familiar with the yard says Golden Ocean booked the two ships a few weeks ago, although it has not been finaliased. He adds that the deal includes four options. But Golden Ocean director Herman Billung said that his company is not behind the contract.
Yangfan says it will build the capesizes at its new facility, Qingdao Yangfan Shipbuilding Co, in the Shandong province.
They will be the largest it has ever built since its formation in 2008.

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