The Chineseshipbuilder said the order consists of 24 firm orders and 12 options withdeliveries scheduled over the next three years.
The identity of thecompany placing the newbuilding orders was not disclosed and only described asa “European shipowner”.
Ina statement Rongsheng said of the 24 confirmed orders 18 are “existing orders”but with better contractual terms after renegotiation. The remaining six arenew orders.
However, a search of the Clarkson ResearchServices database shows no existing order for 18 ultramaxes contracted by a single owner.
Rongshengsaid
