Ports and Shipping

New Dayang Shipyard Secures Contract to Build Two 64,000 DWT Bulk Carriers for Zhejiang Shipping

China’s shipbuilding industry continues to strengthen its position in the global maritime market as New Dayang Shipyard, a subsidiary of Sumec Marine, has officially signed a contract with Zhejiang Shipping to construct two 64,000-deadweight-ton (DWT) bulk carriers.

The agreement follows New Dayang Shipyard’s successful bid in a public tender for the vessel construction project. According to the bid award announcement, the shipyard secured the contract with a winning bid of 519.6 million yuan, placing the estimated construction cost of each vessel at approximately 259.8 million yuan.

Under the agreed timeline, the first bulk carrier is scheduled for delivery by March 31, 2030, while the second vessel is expected to be handed over by June 30, 2030.

Designed for global dry bulk shipping operations, the new vessels will feature a steel single-hull, single-deck, single-propeller configuration powered by diesel engines. The ships are intended to transport a wide range of cargoes, including coal, iron ore, bulk and bagged grain, steel coils, and other dry bulk commodities, making them suitable for international bulk trade routes.

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The latest contract further reinforces New Dayang Shipyard’s reputation in the bulk carrier construction sector. The company has already delivered more than 160 vessels under its well-known “Crown 63” series, demonstrating consistent demand for its energy-efficient dry bulk vessel designs.

With its orderbook now stretching through 2030, the shipyard continues to expand its footprint in the competitive global shipbuilding industry, reflecting sustained investment in modern bulk carrier fleets as shipowners prepare for future cargo demand and fleet renewal.

Industry observers view the agreement as another positive indicator of continued activity in the global shipbuilding market, where demand for efficient dry bulk vessels remains an important segment of commercial shipping.

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