Dry CargoGreater China

Chinese bulker player piles on more supramaxes

Shanghai Zhengdong Shipping is fattening its fleet, taking delivery of one supramax after another. Three ships have been acquired in the last couple of months.

Two ten-year-old Sinopacific Zhejiang-built brothers, the 58,800 dwt Asia Emerald III, renamed Hg Brisbane, and its brother, Asia Emerald II, renamed Hg Sydney, have been bought from Hamburg Bulk Carriers for $8m each.

Shanghai Zhengdong is also listed taking on a ship sold by US-listed Genco. The 2007-built supramax Genco Normandy has been renamed Hg Melbourne.

Hans Thaulow

Hans Henrik Thaulow is an Oslo-based journalist who has been covering the shipping industry for the last 15 years. As well as some work for the Informa Group, Hans was the China correspondent for TradeWinds. He also contributes to Maritime CEO magazine. Hans’ shipping background extends to working as a shipbroker trainee with Simpson, Spence & Young in Hong Kong.
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