South & Central Asia – Page 75

Karigithu: Investing in Critical Infrastructure, Port Development Key for Blue Economy

Kenya is undertaking critical infrastructure projects to facilitate the country’s Blue Economy.

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2020 Bulkers has taken delivery of Bulk Shanghai, the fourth of eight 208,000 dwt Newcastlemax newbuilds.

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The platform’s pilot trade of USD 20 million worth of iron ore would be shipped from Africa to China this month.

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Following delivery, the ship would be deployed for iron ore and coal transportation under a contract with JFE Steel.

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The 15,000 dwt chemical/product/biofuels tankers will be capable to operate with liquefied biogas (LBG).

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