Berge Bulk signs with SWS for up to four dual-fuelled newcastlemaxes

Berge Bulk signs with SWS for up to four dual-fuelled newcastlemaxes

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.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

Related Posts