Wah Kwong Maritime Transport Holdings has returned to China’s New Dayang Shipbuilding for bulk carrier newbuildings.

The Hong Kong shipowning company has struck a deal with the state-owned shipyard for two ultramaxes.

Wah Kwong’s Hing Chao wants to enable ‘future ships’ as bulker business expands
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Sumec Marine, which controls New Dayang, disclosed the contract.