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Rongsheng signs deals for new vessels

By ZHOU SIYU | chinadaily.com.cn | Updated: 2013-05-07 16:34

The Hong Kong-listed Rongsheng Heavy Industries Group, one of China's largest shipbuilders, has signed agreements with the Greek shipowner Golden Union for a fleet of capesize dry bulk cargo carriers.

The deals cover four such vessels, each with a construction price of between $45 million to $46 million. The ship owner reserved options for another four such vessels, according to media reports.

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