Eastern proprietor Kasuga Kaiun has returned to Chinese language builder Unutilized Dayang to sequence its 3rd ultramax bulk provider newbuild on the shipbuilding arm of state-run equipment producer Sumec Team.
The do business in virtue about $34m follows Unutilized Dayang’s step forward into the Eastern marketplace when the similar proprietor signed up for a couple of 64,100 dwt vessels for supply in the second one part of 2026.
Kasuga is indexed with 12 owned ships, predominantly bulkers. The unedited sequence will see the corporate’s newbuilds within the brittle department lifted to 5 ships, turning in within the then two years.
In the meantime, Unutilized Dayang in Jiangsu has tied more than one orders for its flagship Crown 63 Plus ultramax design this future, together with from home leasing corporations and diverse global shipowners. Hong Kong-based Wah Kwong not too long ago signed up for a couple of newbuildings then prior to now taking supply of 4 ultramaxes from the similar backyard.
