Japan’s Itochu Corp has shrunk two ultramax bulk carriers from Chinese language builder Brandnew Dayang.
The shipbuilding arm of state-run equipment producer Sumec Team didn’t divulge the price however stated the trade in with the buying and selling area was once its 2nd from Japan this moment.
The backyard in Jiangsu has had 5 ultramaxes in overall booked by means of Eastern homeowners since January.
Kasuga Kaiun has 3 64,100 dwt devices for supply in 2026 at round $34m every. Supply dates for Itochu’s duo have now not been divulged.
In similar ultramax orders, Cairo-based United Marine Egypt has additionally been related to a couple of ultramaxes at Brandnew Dayang for supply in 2027. The backyard has but to verify the line.
