Chinese shipbuilder Huanghai Shipbuilding has signed a newbuilding contract with Ethiopian shipowner ESL to build seven 28,000dwt multi purpose cargo carriers at a price of $32.5m per unit. The vessels are due for delivery between August 2012 and December 2014.
It is the largest newbuilding contract that Shandong-based shipbuilder has received this year.
(Source:http://www.seatrade-asia.com)