Zhejiang Shipping seals New Dayang bulker deal

Splash 24716 Jul 2026Macro
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Chinese owner Zhejiang Shipping Group has signed up for two ultramax bulk carriers at New Dayang Shipbuilding. The contract is worth RMB519.6m ($77m), or about $38.5m per 64,000 dwt vessel, according to the result of a public tender launched by the owner’s parent, Zhejiang Provincial Transportation Investment Group. The two conventionally fuelled ships will be …