GENERAL NEWS

Dayang seals six bulkers

Importer 20 years ago

Dayang Shipbuilding in Yangzhou, China, has won an order for six 53,000 dwt handymax bulk carriers from IRISL in Iran at a cost of $29.5 each. First of six will be delivered in February 2008 with the remainder following at two monthly interval. The contract includes options for four sisterships.