New Yangtze books Changhong newcastlemax pair

Splash 2472 Aug 2026Supply chain
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Chinese owner New Yangtze Navigation has ordered two newcastlemax bulk carriers at group-affiliated Zhoushan Changhong International Shipyard. The 212,000 dwt vessels are scheduled for delivery in 2029 and are being priced by market sources at around $80m each. New Yangtze and Changhong are both controlled by Jiangsu Xin Chang Jiang Group, making the deal an …