German shipowner Bernhard Schulte and US financial trader JP Morgan have jointly ordered a series of medium-size boxships in China.
Zhejiang Yangfan Group has won the order for a series of up to eight 2,300-teu boxships.
The order comprises of four firm newbuildings with options for four more.
Delivery is scheduled from the second half of 2014 by the latter half of 2015.
Industry sources say the newbuilding price is around $26.5m per vessel.
Published : October 12, 2012
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