KC Maritime returns to China for ultramax pair

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KC Maritime from Hong Kong has placed an order for two ultramax bulk carriers at Jiangsu Soho Chuangke Shipbuilding in China. The deal marks KC Maritime's re-entry into the newbuilding market, with no disclosed prices or delivery details.

Hong Kong-based bulker owner KC Maritime has returned to the newbuilding market with an order for two ultramaxes in China. The shipping arm of the Chellaram Group signed the 63,500 dwt pair at Jiangsu Soho Chuangke Shipbuilding, with no price or delivery dates having been disclosed. KC Maritime traces its shipping operations back to 1980 …