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China Navigation inks first newbuilds since 1998

China Navigation inks first newbuilds since 1998

Hong Kong: John Swire & Sons affiliate China Navigation has signed up for its first newbuilds for ten years, opting for six 40,000 dwt multipurpose vessels costing a combined $360m.
The ships will be built at China's Nantong Mingde Heavy Industry and come with options for six more at the same price. [23/6/08]


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