Jinhui’s ultramax ordering spree rolls on

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Jinhui Shipping and Transportation has placed an order for two additional ultramax bulk carriers at New Dayang Shipbuilding in China, continuing its fleet expansion. The vessels are valued at $68 million in total according to official filings.

Jinhui Shipping and Transportation has expanded its ultramax newbuilding programme with an order for two more bulk carriers at China’s New Dayang Shipbuilding. The Oslo-listed, Hong Kong-based owner has contracted a pair of 64,100 dwt vessels at the Sumec Marine-controlled yard for a combined price of $68m, according to stock exchange filings. The ships are …