During the last 12 months, we have been able to complete a total of 23 deals with 3 Chinese leasing companies as follows:
None of these deals involve lease finance. The charters we provided are market related and mostly on a floating index rate basis. The 10 Capes and Kamsarmaxes will all be equipped with scrubbers, eight of them with open loop scrubbers and two of them with hybrid scrubbers.
In the meantime, our business relationship with Chinese shipyards has also intensified: In the 35 years between 1986 and 2021, we will have taken delivery of 106 newbuildings from a total of 23 Chinese shipyards (contracted or bought as newbuilding resales).
Our long and strong relationship with Chinese shipyards began in 1986, when we bought two 28,000 tdw lakes-fitted bulk carriers as newbuilding resales from Dalian Shipyard at US$ 4.5 million each.
Our 2019 – 2021 newbuilding program in China and Japan is comprised of 32 ships, of which 8 have been resold, while another 9 have employment attached.
We are very pleased with the Chinese built vessels that we are operating in our global network of trades. A lot of trust and friendship has been built with several yards and we will keep going back to China for more newbuilding’s and resales in the future. Below is the ranking list of 106 newbuildings from 23 Chinese yards:
Total 106 newbuildings from 23 different Chinese yards in the 35 years between 1986 and 2021.