Taiwan’s CMT takes option on newcastlemax brace

March

12

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Dry CargoGreater China

Taiwan’s Chinese Maritime Transport (CMT) is moving forward with its dry bulk newbuilding project at a domestic yard.

The owner of 13 vessels spread across capesize and newcastlemax segments has settled to contract two more 210,000 dwt units at CSBC Corporation.

The newbuilds, costing about $77.5m each, will feature scrubbers and likely be delivered between 2027 and 2028, according to shipbuilding sources.

The move follows a brace of newcastlemaxes booked for construction at CSBC last August with options secured for two more newbuilds.

Prior to this four-ship order, CMT, which owns and operates its bulker fleet through Singapore and Hong Kong subsidiaries, contracted newcastlemax specialist builder Qingdao Beihai for four vessels in 2021, including the 2024-built China Vista (pictured).

The post Taiwan’s CMT takes option on newcastlemax brace appeared first on Energy News Beat.

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