Egypt’s National Navigation Co (NNC) unveiled itself as the buyer in a $38m deal for a kamsarmax newbuilding in its last phase of construction.
The Cairo-based owner of 12 bulkers and a container ship said on its website that it has signed a contract for an 82,000-dwt vessel to be delivered by China’s Jiangsu New Hantong Ship Heavy Industry in the first quarter of 2024.
