[CMT] Subsidiary China Vantage Shipping Pte. Ltd. Announces Order for One New 210,000 DWT Bulk Carrier
CMT's subsidiary has ordered a new 210,000 DWT bulk carrier for approximately 77.5M to 80.5M USD from CSSC shipyards for fleet renewal.
📋 Article Processing Timeline
- 📰 Published: April 27, 2026 at 09:00
- 🔍 Collected: April 28, 2026 at 08:00 (23h 0m after Published)
- 🤖 AI Analyzed: April 28, 2026 at 12:53 (4h 53m after Collected)
1. Name and nature of the underlying asset: One 210,000 DWT bulk carrier
2. Date of occurrence: 2026/04/27
3. Date of board approval: 2026/04/27
4. Other approval dates: N/A
5. Quantity, unit price, and total amount: 1 vessel; USD 77,500,000 - 80,500,000 per vessel; Total USD 77,500,000 - 80,500,000
6. Counterparty and relationship: CSSC Qingdao Beihai Shipbuilding Co., Ltd. and China Shipbuilding Trading Co., Ltd. Relationship: None
7. Transactions with related parties: N/A
8. Transactions involving related parties in the last 5 years: N/A
9. Expected gain or loss from disposal: N/A
10. Payment terms and conditions: As per contract
11. Determination of price: Negotiation, based on recent market conditions, approved by board
12. Professional valuer: N/A
13. Name of valuer: N/A
14. Certificate of valuer: N/A
15. Limited or specific price: No or N/A
16. Valuation report not yet obtained: No or N/A
17. Reason for not obtaining report: N/A
18. Material difference in results: N/A
19. CPA firm: N/A
20. CPA name: N/A
21. CPA certificate: N/A
22. Broker and fees: N/A
23. Purpose of acquisition: Fleet renewal and long-term operational development plan
24. Dissenting opinions from directors: None
25. Related party transaction: No
26. Supervisor or Audit Committee approval date: N/A
27. Acquisition of real estate from related party: No
28. Valuation based on regulations: N/A
29. Valuation lower than price: N/A
30. Previous announcements on the same event: N/A
31. Other matters: Exchange rate USD $1=NTD$31.55
2. Date of occurrence: 2026/04/27
3. Date of board approval: 2026/04/27
4. Other approval dates: N/A
5. Quantity, unit price, and total amount: 1 vessel; USD 77,500,000 - 80,500,000 per vessel; Total USD 77,500,000 - 80,500,000
6. Counterparty and relationship: CSSC Qingdao Beihai Shipbuilding Co., Ltd. and China Shipbuilding Trading Co., Ltd. Relationship: None
7. Transactions with related parties: N/A
8. Transactions involving related parties in the last 5 years: N/A
9. Expected gain or loss from disposal: N/A
10. Payment terms and conditions: As per contract
11. Determination of price: Negotiation, based on recent market conditions, approved by board
12. Professional valuer: N/A
13. Name of valuer: N/A
14. Certificate of valuer: N/A
15. Limited or specific price: No or N/A
16. Valuation report not yet obtained: No or N/A
17. Reason for not obtaining report: N/A
18. Material difference in results: N/A
19. CPA firm: N/A
20. CPA name: N/A
21. CPA certificate: N/A
22. Broker and fees: N/A
23. Purpose of acquisition: Fleet renewal and long-term operational development plan
24. Dissenting opinions from directors: None
25. Related party transaction: No
26. Supervisor or Audit Committee approval date: N/A
27. Acquisition of real estate from related party: No
28. Valuation based on regulations: N/A
29. Valuation lower than price: N/A
30. Previous announcements on the same event: N/A
31. Other matters: Exchange rate USD $1=NTD$31.55