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 Newbuilding Report |  Vogemann placed an order with Yangfan Group for 4+2 units 40,000 dwt bulk carriers
 
Vogemann placed an order with Yangfan Group for 4+2 units 40,000 dwt bulk carriers
2021-05-15

Germany’s Reederei H Vogemann has signed up for 4+2 units newbuildings at Zhejiang Yangfan Group and exercises options at Yangzijiang Shipbuilding.



Vogemann has boosted Chinese bulker orders with deals at Yangfan and Yangzijiang. The German line has added six new vessels to its order book, which will bring its tally of 40,000-dwt open-hatch bulkers to eight newbuildings.

It also has an option to add another pair of vessels. All will be built to the Green Dolphin 40 design.

Sources told TradeWinds that four of the six will be built by Zhejiang-based Yangfan Group for delivery in 2022, while the other two will be built by Singapore-listed Yangzijiang for delivery in January and March next year.

The company is said to be paying Yangfan around $26m per newbuilding, which is $2.5m per ship more than the Yangzijiang order.

 
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China Shipbuilding, 2014