Economou’s Cardiff Marine inks LOI for 10 bulker newbuildings at ‘dormant’ shipyard

Former Rongsheng CEO David Luan is said to be leading the comeback of the once-largest privately owned Chinese shipbuilding company

Shipowner George Economou has previously ordered newbuildings at Jiangsu Rongsheng Heavy Industries. — Shipowner George Economou has previously ordered newbuildings at Jiangsu Rongsheng Heavy Industries.Photo: Capital Link

Irene Ang

Singapore

Published 9 November 2022, 07:46Updated 9 November 2022, 14:39

Cardiff Marine Jiangsu Rongsheng Heavy Industries Capesize bulkers Kamsarmax bulkers