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New Dayang bags bulker pair from United Marine Egypt

Cairo-based shipowner United Marine Egypt (UME) is expanding in the bulk cargo market with an order at China’s New Dayang Shipbuilding for two bulkers.

Katherine Si, China Correspondent

May 7, 2024

1 Min Read

Photo: New Dayang Shipbuilding

The contract is for a pair of Crown 63plus 64,000 dwt bulk carriers a major vessel design developed by New Dayang.

The newbuilds ordered by UME are due for delivery in 2027 and contracted a a total cost of approximately $70 million.

The order is part of UME’s strategic expansion in bulk carrier ownership sector.

New Dayang currently has 73 vessels order on hand including 69 bulk carriers, keeping the shipyard busy till the year of 2027.

About the Author

Katherine Si

China Correspondent

China-based Katherine Si has worked in the maritime industry since 2008 is well-connected with local industry players including Chinese owners and yards.

Having majored in English Katherine started at news portal ShippingChina.com where she rose to become a News Editor. In 2008 she moved to work with Seatrade and has since held numerous positions including China correspondent for Seatrade Maritime Review magazine.

With extensive experience in writing, research and social media promotion, Katherine focuses on the shipping and transport sectors.

See more from Katherine Si

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