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Foremost Group returns to Waigaoqiao Shipbuilding for bulker pair

New York-based Foremost Group has signed shipbuilding contracts with CSSC-affiliated Shanghai Waigaoqiao Shipbuilding for the construction of two 180,000 dwt bulk carriers.

Details of the contract were not disclosed.

Foremost is a repeat customer of Waigaoqiao Shipbuiding, with the shipyard having delivered over 10 bulk carriers to Foremost Group since 2002.

Foremost Group is an international shipping, trading and finance company led by the shipping veteran James S.C. Chao, and currently operates a fleet 18 bulk carriers. Earlier this year, Chao’s daughter Elaine was confirmed as Secretary of Transportation.

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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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