New Yangtze books Changhong newcastlemax pair

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 … Read full article →