Cape Shipping swings back to bulkers with newcastlemax order

Greek owner Cape Shipping is returning to the dry bulk newbuilding market for the first time in more than 15 years after placing an order for two newcastlemax bulk carriers at China’s Dajin Heavy Industry. Shipbuilding sources say the Adrianopoulos family-controlled company has contracted the yard for a pair of 211,000 dwt vessels, with deliveries …

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