China Steel Express set to order capesize duo at CSBC

China Steel Express set to order capesize duo at CSBC

Taiwanese owner China Steel Express is currently in talks with local yard CSBC for the construction of two 200,000 dwt capesize bulk carriers.

China Steel Express confirmed in a release that the company is currently in negotiations with CSBC regarding the relevant specifications of the next generation of bulk carriers, but the two parties haven’t yet signed an official shipbuilding agreement.

According to market sources, the order value could reach $100m and could be the largest bulker order at CSBC in the past five years.

China Steel Express is the shipping unit of Taiwanese steel trader China Steel Corporation, and currently operates a fleet of 23 bulk carriers.

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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