CSSC Shipping seals four ice class post-panamax bulker deal with Pangaea
The original order for two vessels was doubled as part of the sale-and-leaseback deal. The vessels will form part of Pangaea subsidiary Nordic Bulk Carriers' ice class fleet which will operate the new ships alongside its existing fleet of 10 vessels
The new vessels will be used in support of Pangaea subsidiary Nordic Bulk Carriers’ 10-year contract with Baffinland to utilise its ice class fleet, a deal signed in May this year