Dry CargoGreater China

Ningbo Marine set to order three bulkers

Chinese bulk shipping operator Ningbo Marine has announced a plan to order three 50,000 dwt bulk carriers for a total of RMB540m ($80.6m).

The company said the new ships will optimise the company’s fleet structure as some ships in its fleet will reach the mandatory demolition age in the next couple of years. 

The ships will be used to serve domestic coastal power plants.

The newbuilding contracts have yet to be signed, and the company did not indicate which yard it would use.

Ningbo Marine currently owns a fleet of 35 vessels made up of 24 bulk carriers, 10 feeder boxships and one tanker.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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