New Yangtze books Changhong newcastlemax pair

Changhong International Chinese owner New Yangtze Navigation has ordered two newcastlemax bulk carriers at group-affiliated Zhoushan Changhong International Shipyard. The 212,000 dwt vessels are scheduled for delivery in 2029 and are being priced by market sources at around $80m each. New Yangtze and Changhong are both controlled by Jiangsu Xin Chang Jiang Group, making the deal an intra-group fleet expansion and shipbuilding project. The order takes Changhong back into large bulk carrier construction after the yard focused much of its recent commercial order intake on containerships and tankers. New Yangtze was established in Singapore in 2010 as the group’s shipping arm. The company operates dry bulk tonnage in the Yangtze and Princess fleets, carrying commodities including coal, iron ore, grain and steel products. Changhong has built bulkers for New Yangtze before, but the latest pair represents a significant step up in vessel size for the group’s in-house fleet programme. Follow Us Adis Ajdin Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy. Newsletter DAILY SPLASH NEWSLETTER Subscribe now for FREE daily news updates. Subscribe Read Next August 3, 2026 NYK moves to absorb NS United in near $1bn deal July 31, 2026 Splash Wrap: War-risk map widens July 31, 2026 Black Sea ship attacks spread July 31, 2026 China’s Panama-flag detention campaign starts to ease July 31, 2026 Seanergy stacks up nearly $600m in fleet investment Back to top button