On August 31, U-Ming Marine Transport issued an announcement to order two additional 63,000 dwt bulk carriers at New Dayang Shipbuilding, each with a cost of no more than US$34 million and a total transaction value of US$68 million.
U-Ming will take delivery of 5 capesize bulk carriers and 2 wind power vessels before the end of this year. Next year, three capesize bulk carriers, two post panamax bulk carriers and one concrete ship will be delivered, followed by four 63,000 dwt bulk carriers.
U-Ming's executives said that the company has a total of 55 ships, and the oldest ships are 10 years. Together with the 17 new ships currently under construction, the company will operate a fleet of 74 ships. In order to comply with the new environmental regulations, the proportion of energy-saving ships will be increased to 80%.
Source: Xinde Marine News Sarah Yu
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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