China wins tanker and bulker orders

Chinese shipbuilders are continuing to win new orders for bulk carriers and tankers.

Enterprise Shipping has ordered three 92,500DWT bulkers from Jinling Shipyard with delivery of 2010 at a cost of $47 million each.

China Shipping Development ordered 12 57,300DWT bulkers from China Shipping Industry Co.

K Line ordered a 300,000DWT VLCC from NACKS in China with delivery of 2010.