Nascent Chinese shipyard Jiangxi New Jiangzhou Shipbuilding has revealed newbuilding contracts from two European companies worth $152m.
The shipyard — formerly Jiangzhou Union Shipbuilding — has signed for a series of multipurpose general cargo vessels with Germany’s Candler Schiffahrt, while Dutch owner Mercurius Shipping has ordered four stainless steel chemical tankers.
Candlers’ order for six 12,000-dwt MPPs was signed last week.
