COSCO (Zhoushan) Shipyard books order for two bulkers

China’s COSCO (Zhoushan) Shipyard Co. Ltd.,a subsidiary of , COSCO Shipyard Group Co. Ltd., has secured a contract valued at over $68 million to build two ) 82,000 dwt dry bulk carriers.

Both bulkers are scheduled for delivery in the second quarter of 2013.

A stock exchange announces discloses only that they are for “an Asian company.”

November 3, 2011