Bocimars ordering spree

Bocimar International, the dry cargo ship owning subsidiary of Belgian-based CMB, has ordered 10 handysize bulk carriers from Samjin Corporation, in South Korea, for $36m per vessel. The 33,500 dwt newbuildings are scheduled for delivery between September 2009 and December 2010.

In addition, as part of a 50/50 joint venture with Drylog, Bocimar has ordered an 180,000 dwt Capesize bulk carrier from Dalian, China, for $100m for delivery in June 2009.