Jinhui Holdings in expansion mode

Hong Kong: Hong Kong-based Jinhui Holdings is paying Yen4.5bn ($42.3m) order to Japan's Naikai Zosen for a 38,000 dwt handysize newbuilding for delivery in June 2012.
Last week the bulker operator shelled out $126.6m for a pair of 92,400 dwt post-panamax newbuilding resales which will be built by China's Jiangsu New Yangzi Shipbuilding. [3/7/08]

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