With shipyard prices averaging some 27% below the levels of 2008, some shipowners feel now is the time to buy. One of those is Lowell Mortimer, president of Campbell Shipping Ltd., which signed an order this past March with China's Zhong Chuan Heavy Industry Shipbuilding Co. Ltd. for two 32,000 dwt double-hull bulk carriers, with an option for two more.rn"The vessels represent what the maritime industry has come to expect from GTRC: A good ship at a fair price for buyer and seller, built to high quality standards and delivered on time."
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