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Jinhui cancels Oshima supramax

Jinhui cancels Oshima supramax

Hong Kong: Oslo-listed and Hong Kong-based Jinhui Shipping and Transportation has cancelled a supramax order at Japan's Oshima Shipbuilding. The 59,760 dwt ship was ordered back in May 2008 at a price of Yen5.1bn. Jinhui has been scaling back its fleet commitments greatly over the past two years.  [03/12/10]