COSCO-linked Shanghai Time orders trio of bulkers at Nantong Xiangyu

Shanghai Time Shipping has stepped into the newbuilding market with an order for three bulk carriers, marking its first collaboration with Nantong Xiangyu Shipbuilding & Offshore Engineering. The Chinese owner has contracted two 82,000 dwt kamsarmax vessels alongside one 63,800 dwt ultramax, with all three ships scheduled for delivery in 2029. The move signals fleet …

splash247