Monday, November 29, 2021

Chinese Maritime Transport to Build New Bulk Carriers for Beihai

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Two New Bulk Carriers for Beihai Shipbuilding

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After purchasing two newcastlemax bulker newbuilds back in May of 2021, China’s Beihai Shipbuilding Heavy Industry (BSIC) has circled back to Chinese Maritime Transport (CMT) in a contract that has awarded them two more newcastlemax newbuilds.

Estimated to deliver in 2024 and costing approximately $63m per vessel, these newbuilds will be equipped of the Tier III emission standard requirements of the IMO and EEDI Phase III.

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