Dry CargoGreater China

Zhejiang Xinyihai Shipping orders supramax at Jiangsu Haitong

Zhejiang Xinyihai Shipping has placed an order at Jiangsu Haitong Offshore Engineering for the construction of a 51,000 dwt supramax bulk carrier.

The ship will be deployed for domestic bulk shipping operations. The price for the ship is RMB157.8m ($22.2m).

The company also plans to order another two bulkers in 2020.

Xinyihai Shipping was established in 2015 and is an integration of the shipping assets of state-run Zhoushan Transport Investment Group. The company currently owns a fleet of 27 ships comparing of both bulkers and tankers.

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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