Neu Seeschiffahrt GmbH has reportedly cancelled its order for six 342,000-dwt very large ore carriers (VLOCs) at China Merchants Shipbuilding Industry's (CMI) Qingdao yard following disagreements between the two parties. The contract, signed in December 2025 during Marintec China, was seen as a significant international order for the Qingdao yard's return to the large VLOC market. Despite