Bohai bags newcastlemax orders

Bohai bags newcastlemax orders

Berge Bulk of Singapore is linked by Greek broking sources as returning to Bohai Shipbuilding for two firm newcastlemaxes. The order comes with options for two more to be built at the northern Chinese yard. A price of $45m per unit has been reported for the 208,000 dwt ships. The tier II bulkers will deliver in 2020 and 2021. 

Berge Bulk officials contacted by Splash today have yet to confirm the order. With 53 ships totalling 10.6m dwt in the water, Berge Bulk is among the largest dry bulk owners in Southeast Asia.

Separately, Splash understands Bohai has won another newcastlemax order from a Chinese owner. The Rui Gang Lian Group, one of China’s largest iron ore traders and importers, has via its subsidiary, RGL Shipping in Singapore, placed a $45m order for a 208,000 dwt bulker due for delivery in 2021. RGL Shipping currently owns a fleet of 10 bulkers.

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.

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