Shipping & Freight #shipbuilding#ultramax
Zhejiang Yonghang orders up to six ultramax bulkers at Yangfan Group
Chinese owner Zhejiang Yonghang Shipping has contracted with Yangfan Group for up to six ultramax bulk carriers, with four firm and two optional vessels. The 64,500 dwt ships, designed by SDARI, will be Chinese-flagged and meet latest environmental rules. Estimated newbuild cost is around $34m per vessel. This follows Yangfan Group's recent containership order from Baozhou Shipping.
Jun 12, 2026 1 source