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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.
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Kalyakan - stock.adobe.com
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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