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U-Ming books two more ultramax bulkers at New Dayang

Taiwanese dry bulk shipping operator U-Ming Marine Transport has returned to New Dayang Shipbuilding in China for another pair of 64,000 dwt newbuilds.

U-Ming is paying around $68m for the ultramax pair that will deliver from Sumec Marine’s subsidiary from late 2024. Similar deal was struck with the same shipyard just over a month ago.

With the latest order, which takes U-Ming’s orderbook at New Dayang to four, will see the company add 15 ships to its fleet in the next two years.

U-Ming’s fully owned fleet currently numbers 37 ships, made up of 31 bulk carriers, four cement carriers, and two crew transfer vessels, according to VesselsValue data.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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