SDTR Marine is believed to be considering a major expansion of its bulker fleet.
The Singapore-based company is thought by some in the market to be planning an order for up to 15 kamsarmaxes at Chinese shipyard Dalian Shipbuilding Industry Co (DSIC), although SDTR played down its intentions.
Shipbuilding sources said the company, a joint venture between China’s Shandong Shipping and Singapore’s Transcenden Global, is in talks with state-owned DSIC for 10 firm, 85,000-dwt vessels, with five options.
