The vessels will be built at Hantong’s new facility called Jiangsu New Hantong Ship Heavy Industry, which is also located in Zhenjiang city, Jiangsu province.
Last month, Jiangsu Hantong bagged bulker orders worth over $200m from Delphin Shipping, the private-equity vehicle of New York-based shipowner Sophocles Zoullas. The company booked seven supramaxes for delivery in 2011 and 2013.