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 A/S J. Ludwig Mowinckels Rederi and Wenaas Shipping have signed a contract for the purchase of two panamax bulk carrier resales through their joint venture Mowinckel Bulk Carriers I KS.
The vessels will be taken over from Golden Ocean Group Ltd., Bahamas upon delivery from Jiangsu Rongsheng Heavy Industries Group in China medio 2008. The vessels have been chartered out to first class European charterers on a long term period.
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