Two Resale Supramax Bulk Carriers News

The  Shipping  Corporation  of  India  Ltd. (SCI) has signed contracts for acquisition of two resale Supramax bulk carriers with M/s Grand Yard. Investments Ltd., China on 15th April, 2011. These vessels have been acquired through a competitive global tendering process and SCI has selected the vessels of M/s Grand Yard Investments based on the technical suitability and commercial competitiveness. These  vessels  are  presently  under  construction  at M/s Guoyu Shipyard, China which is under the same group of M/s Grand Yard Investments Ltd.