D'Amico in new major Chinese bulk ship order

Italian D'Amico has ordered a total of 11 dry bulk ships in China. This means that the company has made orders for around USD 600 million in the dry bulk segment alone in 2013.

Photo: D'Amico Shipping

Italian D'Amico has ordered 11 dry bulk ships for a total price of USD 290 million, says the carrier according news agency Reuters on Wednesday.

According to D'Amico Dry CEO Lucio Bonaso, the order was made in light of the rising demand for goods such as steel, wood pellets, forest products, as well as coal, iron ore, and grain.

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