Ultramax bulkers could cost as much as $40m if the latest
effort to push up prices is successful
Japanese shipbuilders are looking to push
newbuilding prices to new highs over the summer as they face significant cost
increases.
Reports in Japan suggest
bulk carrier builders will seek to achieve prices as high as $40m for a
64,000-dwt ultramax vessel and $35m for a 35,000-dwt handysize.
By comparison, China Merchants Bank Financial
Leasing recently concluded a deal for a series of four 63,000-dwt bulk carriers
at New Dayang Shipbuilding at a price of $32.5m