Huarong Leasing lines up newcastlemax newbuild brace

China’s Huarong Financial Leasing has signed up for two newcastlemax bulk carriers at Taizhou Kouan Shipbuilding, marking its first newbuilding move in the segment and a rare order for the yard. The leasing company said the 210,000 dwt newbuildings will cost $71m apiece, with delivery likely scheduled for 2029. No information has been released about …

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