DAB Group enters shipowning with Chinese ultramax pair

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Germany's DAB Group has entered shipowning by ordering two ultramax bulk carriers from Jiangsu Soho Innovation & Technology Shipbuilding in China, through its subsidiary Dassler Schiffahrts- und Handelsgesellschaft (DSH). The ships are 64,500 dwt and there is an option for a third vessel.

Germany’s DAB Group is moving into shipowning, ordering two ultramax bulk carriers at China’s Jiangsu Soho Innovation & Technology Shipbuilding with an option for a third vessel. The 64,500 dwt ships have been ordered through group company Dassler Schiffahrts- und Handelsgesellschaft (DSH), which has been active in the German maritime sector since 1993 but has …