Singapore-listed Chinese shipbuilder Yangzijiang Shipbuilding Holdings is reportedly close to receiving a 10-ship kamsarmax bulker order worth $322m from an undisclosed Middle East private-quity fund that could mark Iran’s return to the newbuilding scene.
Industry insiders say discussions for the newbuildings are in the final stages. The order is said to involve six 82,000-dwt geared vessels and a further four non-geared bulkers of the same size.
