Japan’s Mitsui & Co has quietly bolstered its fleet with capesize bulkers and feeder containership newbuildings.
Shipbuilding experts said the Japanese trading house has two 180,000-dwt capesizes on order at Singapore-listed Yangzijiang Shipbuilding. They were ordered last year but the deal went unreported.
Mitsui is said to be paying about $41.5m per ship and delivery is scheduled in late 2019.