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Sincere Navigation buys new bulk carrier for $63.8m
Taipei-based Sincere Navigation is spending $63.8m to buy a 250,000 dwt dry bulk carrier at China Shipbuilding & Offshore International Co.
The Taiwanese shipowner said the newbuilding purchase is a move towards “the expansion of its business”.
Sincere Navigation added that the payment terms for the new bulker would be a 15% downpayment, followed by 35% payment over three tranches during the construction period, and a 50% remaining payment upon delivery.
Source: Seatrade Global
The Taiwanese shipowner said the newbuilding purchase is a move towards “the expansion of its business”.
Sincere Navigation added that the payment terms for the new bulker would be a 15% downpayment, followed by 35% payment over three tranches during the construction period, and a 50% remaining payment upon delivery.
Source: Seatrade Global
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