Cosco Shipping Bulk, the bulker arm of Chinese shipping giant China Cosco Shipping Corp, is looking to order a series of newcastlemax bulkers to ship bauxite from Guinea to China.
Shipping players in China said the Guangzhou-based dry bulk company is looking to order up to 30 newcastlemax bulkers at domestic shipyards.
“Cosco Bulk will kick off its newbuildings plan with six firm vessels,” a shipping source said.
