Wah Kwong books two 82,000-dwt bulkers at Chengxi Shipyard

Hong Kong’s family-owned shipowner Wah Kwong has approached China’s Chengxi Shipyard to construct a pair of 82,000-dwt dry bulk carriers.

The environmentally-friendly new bulkers will be built for greater load capacity with an expanded hatch cover area to increase loading and unloading efficiency.

Financial details and delivery schedule of the newbuilding contract were not disclosed. CMB Financial Leasing is helping to finance the deal.

Chengxi Shipyard, subsidiary of China State Shipbuilding Corp (CSSC), has thus far won orders to build 26 units of the 82,000-dwt capacity bulkers, making them the shipyard’s main product.

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Posted 19 November 2018

© Copyright 2019 Seatrade (UBM (UK) Ltd). Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Seatrade.

Lee Hong Liang

Asia Correspondent

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