Kouan clinches Veritas bulkers

China's Taizhou Kouan shipyard has won a deal to build eight bulkers for Greek owner Veritas Ship Management.

Veritas, represented by well-known Athens shipbroker Dimitris Koukas, arranged financing of $215m for the 64,000-dwt ships last week during the visit of Chinese premier Li Keqiang.

Now Chinese reports say Kouan has signed a contract in cooperation with Avic International.

It is not clear who the investors are behind Veritas.

Finance is being provided by the China National Aero-Technology Corporation of Shanghai.

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