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.
(Source:www.seatradeasia-online.com)