Chinese owner Shandong Shipping is said to have lifted its Guaibamax bulk carrier newbuilding order at Qingdao Beihai Shipbuilding Heavy Industry to six vessels.

It is believed to have signed for two more methanol dual-fuelled 325,000-dwt ships at the yard some time ago, but the deal was not reported.

Officials at Shandong Shipping have been contacted for comment.

State-owned Qingdao Beihai is scheduled to deliver four vessels in 2027 and two in 2028.