The ordering spree has been sealed at a reception held within Marintech China in Shanghai on December 3, following the grand reveal of the newly-created shipbuilding conglomerate, resulting from the mega-merger of China Shipbuilding Industry Corp (CSIC) and China State Shipbuilding Corp (CSSC).
The deals galore includes CMES and Dalian Shipbuilding agreeing on the construction of four VLCCs, as well as four newbuilds ordered by Eastern Pacific Shipping estimated to be worth USD 560 million.
