Wah Kwong chief executive Tim Huxley is dousing market talk of even more option orders at Chengxi Shipyard.
The Hong Kong based shipowner made headlines last week when it doubled its previous $100m investment in ultramaxes, declaring four options for 64,000-dwt bulkers at Chengxi on top of the four original firm ships from April.
Huxley, who last week indicated that the rumours were premature and said a decision would be taken on the day the options fell due, now confirms that they were exercised on Monday.
Wah
