Japan’s Doun Kisen has further boosted its bulk carrier orderbook in China with three newcastlemax newbuilds.
Multiple broking outfits report the diversified shipowner has returned to Nantong Xiangyu Shipbuilding & Offshore Engineering for the 210,000 dwt trio costing between $75m and $76m each.
Doun Kisen already has kamsarmax and ultramax bulkers booked for construction at the same yard for delivery from 2025 through 2027.
The Imabari-based, Okochi family-owned company is listed on VesselsValue with nearly 150 ships and an average fleet age of six years.
The latest newbuilds, which mark Nantong Xiangyu’s entry into the newcastlemax building, are expected for delivery in 2028. The yard located along the Yangtze River is best known for its shipbuilding know-how in the ultramax segment.
