James Marshall-led Berge Bulk is in tune with what key clients are demanding – signing with Shanghai Waigaoqiao Shipbuilding (SWS) for a series of LNG-fuelled newcastlemaxes.
Brokers are reporting the Singapore owner has contracted SWS for two firm dual fuel newcastlemaxes, costing $66.5m each. The deal comes with options for two more ships.
Increasingly the world’s top miners are seeking out ships with alternative fuel systems to cut their own carbon footprint.
Berge Bulk’s fleet today stands at 59 bulkers according to data from VesselsValue.