China’s Guangdong Yudean Shipping is expanding its fleet of bulk carriers with newbuilding deal at the domestic yard.
The dry bulk shipping unit of state-run power company Guangdong Yudean Group has contracted CSSC-affiliated Chengxi Shipyard for a pair of kamsarmax newbuilds, costing over $71m.
The 82,000 dwt newbuilds will deliver in February and April 2027 and add to the company’s fleet, which currently counts 22 bulkers, according to VesselsValue data.
