Yangzijiang Maritime adds kamsarmax bulkers to newbuild spree

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Yangzijiang Maritime Development has ordered four firm 82,000-dwt kamsarmax bulk carriers from China’s Jiangsu Watts Energy & Engineering, with options for two more. The deal expands the Singapore-listed group’s newbuilding program and marks its first order of this vessel type.

Singapore-listed Yangzijiang Maritime Development has struck a bulk carrier newbuilding deal in China, for up to six kamsarmaxes at Jiangsu Watts Energy & Engineering. The Ren Yuanlin-led maritime investment group has signed for four firm 82,000 dwt vessels, with options for another two, according to Chinese shipbuilding sources. The deal would mark Yangzijiang Maritime’s first …