In Brief

PUBLISHED : Thursday, 11 September, 2008, 12:00am
UPDATED : Thursday, 11 September, 2008, 12:00am

China Shipping Development inks US$228m tanker deal with Dalian

China Shipping Development has signed a US$228 million deal with Dalian Shipbuilding for four 76,000 deadweight tonne oil tankers for delivery in the second half of 2011. China Shipping said 80 per cent of the money would come from bank loans and the rest from internal resources. Carol Chan