Vogemann at Yangzijiang for newcastlemax series

Reederei Vogemann has turned to Yangzijiang Shipbuilding for up to eight newcastlemax bulkers.

Industry sources say the eight 208,000-dwt newbuildings are for delivery from late 2016 into 2017. The deal involves four firm ships, plus four options.

TradeWinds is told that the ships will replace eight similar-size newbuildings the company signed up for early this year at JES International Holdings. But that deal did not materialise as the yard failed to secure refund guarantees.

Chinese