Ningbo Marine to invest in five new bulk carriers with total investment not exceeding 1.236 billion yuan

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Ningbo Marine announced that the company plans to invest in the construction of four 65,000-ton bulk carriers, with a total investment not exceeding 980 million yuan. Its wholly-owned subsidiary, Ningbo Marine Singapore, plans to invest in the construction of one 82,000-ton bulk carrier, with a total investment not exceeding 36.5 million US dollars. The combined total investment of the two projects will not exceed 1.236 billion yuan.

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