AsiaDry Cargo

Nova Shipping adds to woodchip orderbook at Chengxi

Singapore’s Nova Shipping has returned to Chengxi Shipyard in China for four firm plus four options of woodchip carriers. The 70,000 dwt ships come with a $32.8m per unit price tag, brokers tell Splash.

Splash last reported on Nova buying similar ships at the same yard in October last year when it came in for two larger, 64,000 dwt ships.

Nova Shipping currently operates a fleet of 13 woodchip carriers, and it also has four 34,500 dwt tankers under construction at Taizhou Sanfu Shipbuilding. The group also has a container freight management and logistics arm.

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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