RBD Armatori places $180m order

Italian shipping company Rizzo-Bottiglieri-De Carlini Armatori SpA offered a $180 million contract on Wednesday to Shanghai Waigaoqiao Shipyard for two 177,000-dwt ships, China Daily reported.

In the past two years, RBD Armatori has ordered four 110,000-ton Aframax tankers and four 87,500-ton Post Panamax bulk carriers from Shanghai Hudong Zhonghua Shipyard, worth a total of $450 million. All the ships will be delivered between 2009 and 2011.

With the latest contract, the Italian shipping major has ordered 10 vessels from Chinese shipbuilders worth about $650 million. All orders went to shipyards under the State-owned CSSC group.

RBD Armatori also ordered two 108,000-ton Aframax tankers and four 83,000-ton Kamsarmax bulk carriers, valued at $350 million, from Tsuneishi Shipbuilding Company of Japan for delivery in 2011.

Source:Transportweekly