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Shinwa Kaiun goes to Tsuneishi

Tokyo: Shinwa Kaiun Kaisha has ordered two capesizes at Tsuneishi Shipbuilding Co for delivery as far away as March 2013. Both 180,000 dwt ships to be built at Tsuneishi's Cebu facility in the Philippines. Shinwa's total capes on order now total six.  [30/07/07]

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