Shanghai Waigaoqiao Shipbuilding (SWS) has come up trumps in a long-anticipated $2.55bn Valemax newbuilding drive by some of China’s largest shipowners, sources say.
Cosco-China Shipping venture China Ore Shipping, China Merchants and ICBC Leasing have lifted subjects on deals running to 30 of the giant bulkers, brokers say.
SWS has gained the largest slice of a pie shared by four shipbuilders, they add.
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