COSCO Dalian Hands Over Panamax Bulker

China-based COSCO (Dalian) Shipyard, a subsidiary of COSCO Shipyard Group, has delivered bulk carrier newbuilding Flag Lama to a European owner. 

The 79,500 dwt vessel was handed over to Greek shipping company Golden Union, VesselsValue’s data shows.

The Panamax bulker, which has a market value of USD 23.76 million, features a length of 229 meters and a width of 32.26 meters.

Flag Lama, which flies the Marshall Islands flag, has joined the company’s fleet of more than 40 ships.

Golden Union has five more Panamax bulk carriers under construction at China’s shipyards, including one 79,500 dwt ship at COSCO Dalian, according to information provided by VesselsValue.

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