Chinese shipowner has ambitious newbuilding plan

Chinese coal shipper Guangdong Lanyue Energy Development Co is looking to add 20 more bulkers to its newbuilding tally in the next five years. Last week the company had already ordered 10 Supramaxes through its shipping subsidiary, Lanhai. The 57,000-dwt vessels, which were ordered at Yangfan Group Co and Xiamen ...

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