The company said that it ordered the 37,000dwt newbuildings instead of larger capesize or panamax bulkers because big vessels face oversupply and a possible rates slump, reported asiasis.com.
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Nominations are now closed for the Ship Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Dual winner of the 2025 Ship Technology Excellence Awards, Flyability’s Elios 3 UT drone is redefining ship inspections. See how class-approved LiDAR and UT data, collision-tolerant design and digital twins are replacing scaffolding and rope access with faster, safer remote inspection workflows.