New Bulk Carrier Orders at Qingdao Beihai Shipbuilding

for ammonia and methanol, aligning with industry trends towards more sustainable shipping options. The vessels are scheduled for delivery between July 1, 2027, and December 31, 2027, providing ample time for the shipyard to incorporate cutting-edge technology and design features. The reported cost for each vessel stands at $70 million, reflecting both their advanced capabilities and substantial size. The shipbuilding contract has been awarded to Qingdao Beihai Shipbuilding Heavy Industry - CSSC, based in China. This shipyard, known for its expertise in constructing large-scale commercial vessels, further solidifies its partnership with COSCO, having already completed over 218 orders successfully. The information was reported by SSY on May 5, 2025. This development underscores COSCO Shipping Bulk Carrier Co . Ltd.'s commitment to expanding their operations and their foresight in securing shipping assets for future growth.