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Canada Steamship in for big order at Chengxi

Shanghai: China's Chengxi Shipyard has inked an up to $514m contract with Canada Steamship Lines to build 10 self-unloading bulk carriers. ?The order is for three panamax bulkers with an option for a further three, and two plus two handysize ships. ?The panamaxes were priced at $55m per unit and the handies at $46m apiece. By going for geared ships, the price tag rises by around $16m to $18m per ship, CSL said. [13/08/10]

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