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China Shipping Development charters 21 bulkers from affiliate

China Shipping Development (CSD) has chartered in 21 dry bulk carriers from its affiliate China Shipping (Hong Kong) Holdings.

Lee Hong Liang, Asia Correspondent

December 26, 2013

1 Min Read
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The bareboat charter agreement, valued at about $70m, is for a period of six months starting from 1 January to 30 June 2014.

The 21 bulkers with a total capacity of 1.43m dwt will be operated by China Shipping Bulk Carrier, wholly-owned by CSD.

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dry bulk shipping

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

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