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Sinotrans signs at Longxue

Beijing: Hong Kong-listed Sinotrans Shipping has signed a letter of intent with Guangzhou Longxue Shipbuilding for a number of 206,000-dwt capesize bulkers for delivery from the end of 2012. ?The deal is for three ships plus options for two more. This is the first time Longxue has taken a 206,000 dwt order.  [11/10/10]

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