Four handysized bulk carriers to be built by China’s Shanhaiguan yard are set to go to Navigation Maritime Bulgare (Navibulgar).

The deal is for four 30,700-dwt vessels with the contract value reported to be a total $112m.

China's Shanhaiguan shipyard.
Navibulgar has a history of supporting the domestic Bulyard and Varna shipyards but its latest acquisitions have been of Chinese built vessels.

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