Chinese bulker player piles on more supramaxes

Shanghai Zhengdong Shipping is fattening its fleet, taking delivery of one supramax after another. Three ships have been acquired in the last couple of months. Two ten-year-old Sinopacific Zhejiang-built brothers, the 58,800 dwt Asia Emerald III, renamed Hg Brisbane, and its brother, Asia Emerald II, renamed Hg Sydney, have been bought from Hamburg Bulk Carriers …

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