CSSC Shipping signs for newcastlemax newbuilds

CSSC Shipping has moved to bolster its dry bulk portfolio with a pair of newcastlemax newbuilds. The Hong Kong-listed leasing arm of state-owned China State Shipbuilding Corporation (CSSC) has struck a deal for the 210,400 dwt units with Qingdao Beihai Shipbuilding and China Shipbuilding Trading. Each vessel is priced at RMB528m ($73.5m), with deliveries scheduled …