Japanese owner Kasuga Kaiun has returned to Chinese builder New Dayang with an order for two more ultramax bulk carrier newbuilds.
No price has been revealed for the pair of 64,100 dwt vessels, which takes Kasuga’s bulker orderbook at the shipbuilding arm of state-run machinery manufacturer Sumec Group to five.
Kasuga is listed with 17 owned ships, predominantly bulkers. The company ordered three newbuilds in early 2024 at around $34m each for delivery in 2026.
The first Japanese customer to sign up for ultramaxes at New Dayang should see the latest duo delivered in the second quarter of 2028. Last year, Japan’s Itochu Corp also contracted two ultramaxes at the Jiangsu-based yard for delivery in 2026 and 2027.
