Financial Ports

Yangzijiang’s $450m newbuild spree reshapes dry bulk and tanker markets

CLAVE 1 / 412 newbuildings ordered at two Chinese yards, including six firm ultramax bulkers and two MR product tankers.

CLAVE 2 / 4$450m combined value of the latest newbuilding push, adding to a portfolio of over 120 ships.

CLAVE 3 / 4Yangzijiang’s firm programme at Qidong Qianyao now totals 12 ships, comprising bulkers and product tankers.

CLAVE 4 / 4First MR newbuildings from the programme delivered to Scorpio Tankers in July.

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