COSCO to build 15 bulkers for Greece
China and Greece signed yesterday a series of business collaboration agreements. During the signing ceremony attended by Chinese Vice Premier Zhang Dejiang and the Greek Deputy Prime Minister Theordoros Bangalos, Wang Xingru, Managing Director of COSCO Shipyard Group Co Ltd ("COSCO Shipyards") signed shipbuilding contracts for the building of 11 bulk carriers and MOUs for another 4 bulk vessels with his Greek counterparts, COSCO press release said.
The ships, 4 of which are 82,000 dwt bulk carriers and 11 of which are 57,000 dwt bulk carriers, will be built by COSCO Shipyards subsidiaries in Dalian and Guangdong respectively.
The charter agreements for the long term charter of a number of bulk carriers as well as an MOU for joint-venture between COSBULK and Cardiff were signed by Mr. Xu Zunwu, Managing Director of COSCO Bulk Carriers Co Ltd and his Greek counterparts at the ceremony.
COSCO, China Ocean Shipping (Group) Company is China's largest and the world's leading Group specializing in global shipping, modern logistics and ship building and repairing.