Dry CargoGreater China

Jiangsu Ocean Shipping orders ultramax quartet

Jiangsu Ocean Shipping (Josco) has entered into shipbuilding contracts with Nantong Cosco KHI (NACKS) and Dalian Cosco KHI (DACKS) for the construction of a total of four 64,000 dwt ultramax bulk carriers.

NACKS and DACKS will each construct two vessels for Josco with deliveries scheduled in 2022. 

The two yards have built a total of 19 bulk carriers for Josco since 2002.

Josco currently owns a fleet of 25 vessels with total capacity of 1.2m dwt.

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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