COSCO orders 24 bulkers in $1.27bn leasing play
COSCO Shipping Development has ordered 24 dry bulk vessels worth RMB8.66bn ($1.27bn), deepening its leasing business with long-term charters back into the COSCO group.
Nissen Kaiun closes in on double-digit bulker sell-off
Japan's Nissen Kaiun is nearing double-digit vessel sales for the first half of 2026, with the 183,000 dwt Lady Deena reportedly sold to Chinese buyers for around $70m.
U-Ming signs for newcastlemax newbuilds in China
U-Ming Marine Transport has signed for up to four newcastlemax newbuildings at Jiangsu Hantong Ship Heavy Industry, part of a plan to grow its fleet beyond 100 vessels.
HMM moves on $1.1bn bulker and gas carrier haul
HMM has unveiled a KRW1.7trn ($1.1bn) order for eight bulk carriers and two gas carriers, the latest step in the Korean major's drive to diversify beyond containers.
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