Zhejiang Yonghang books up to six ultramaxes at Yangfan
AI Summary
Chinese shipping company Zhejiang Yonghang Shipping has contracted Yangfan Group to build up to six ultramax bulk carriers, including four firm orders and two options. This fleet expansion reflects the company's commitment to enhancing its dry bulk shipping capacity.
Chinese owner Zhejiang Yonghang Shipping has moved to expand its dry bulk fleet with an order for up to six ultramax bulk carriers at Yangfan Group. The two sides have signed a contract covering four firm 64,500 dwt vessels plus options for two additional ships, according to information released by the shipbuilder. The vessels have …