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Ciner bulks up with kamsarmax newbuilds at Hengli Shipbuilding

Photo of Adis Ajdin Adis AjdinApril 22, 2024
485 Less than a minute
Ray Hensel / Marine Traffic

Turkey’s Ciner Shipping has added four kamsarmaxes to its large bulk carrier orderbook across Chinese shipyards.

The Istanbul-based bulker and tanker player has contracted 82,000 dwt scrubber-fitted units at Hengli Shipbuilding in Dalian with deliveries starting from March 2027.

Shipbuilding sources suggest a price tag of around $38m each.

Ciner owns and operates a fleet of 24 ships in addition to now 26 listed bulker newbuilding projects in China.

The kamsarmax quartet follows ultramax orders at New Dayang Shipyard costing close to $34m per ship.

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Photo of Adis Ajdin Adis AjdinApril 22, 2024
485 Less than a minute
Photo of Adis Ajdin

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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