Yasa Shipping, a company with 28 bulkers on the water and several others under construction, stands to expand its fleet with another string of newbuildings.
According to shipbuilding sources in Asia and brokers in Athens, Yasa is ordering four 63,600-dwt ultramaxes at Cosco Heavy Industry Zhoushan Shipyard, due for delivery in the first half of 2025, at $31m each.
Managers at the Istanbul-based company did not respond to a request for comment on the newbuildings.
