Dry CargoGreater ChinaShipyards

New Dayang wins ultramax orders

In the bulk carrier sector, Chinese builder New Dayang has secured two orders for ultramax newbuidings, both from London-based repeat clients.

The buyers are Ocean Agencies and Marine Capital, both placing orders for two 63,500 dwt ultramaxes with the unit price understood by brokers to be around $31.5m, showing a significant price drop of over $2m for a vessel of the same type and specifications from New Dayang last month.

All vessels, which are based on on Crown 63 Plus design, are scheduled for delivery in the first half of 2025.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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