Taiwan’s Chinese Maritime Transport (CMT) has returned to China State Shipbuilding Corporation’s Qingdao Beihai yard with an order for two more newcastlemax bulk carriers.
The Taipei-listed owner confirmed it will pay between $77.5m and $80.5m per 210,000 dwt vessel via its subsidiaries China Vantage Shipping and China Swift Shipping. Deliveries have not yet been disclosed.
The order builds on CMT’s ongoing newbuilding push, which already includes four newcastlemaxes at CSBC Corporation in Taiwan, contracted at around $77.5m apiece for handover in 2026 and 2027.
CMT, which controls its bulk carrier fleet through subsidiaries in Singapore and Hong Kong, has a long relationship with Qingdao Beihai. The company has previously ordered eight newcastlemaxes at the yard, including two units worth between $76m and $79.8m per ship last October.
The latest pair will feature the yard’s fifth-generation design developed by the China Ship Design & Research Center. The 300 m-long vessels, with a 50 m beam, are expected to deliver improved fuel efficiency, with the yard claiming propulsion gains of more than 6% over earlier designs.
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