Hong Kong-listed Seacon Shipping has announced the acquisition of contracts for four 5,200 dwt multipurpose dry cargo newbuildings in a $44.4 million deal. The Qingdao-based owner is taking over the contracts from Singapore’s H&C Marine Engineering and Hong Kong’s FLC Chance Shipping, with Seacon stepping in as the new buyer under revised shipbuilding agreements. The vessels are being constructed at Jiangsu Dajin Heavy Industry, a subsidiary of Shenzhen-listed Bestway Marine & Energy Technology, and are scheduled for delivery between April and November 2027. Seacon stated that the move is part of its strategy to modernize its fleet with fuel-efficient ships that meet current environmental standards, aiming to enhance competitiveness and better serve larger cargo customers. This acquisition follows Seacon's recent expansion efforts, including the addition of six MPP newbuildings from Union Marine and seven mini bulkers from Baltic Shipping.