Hong Kong shipping company has cancelled construction of two giant ore carriers because of problems with financing due to tight global credit conditions.
Norway-listed Jinhui said on Thursday that it terminated two contracts worth $122 million each.
News
about 18 years ago
Jinhui axes shipbuilding deals due to tight credit
Hong Kong shipping company has cancelled construction of two giant ore carriers because of problems with financing due to tight global credit conditions. Norway-listed Jinhui said on Thursday that it terminated two contracts worth $122 million each.
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