Chinese lessor seeks yard slots for six newcastlemaxes

Source:Splash247.com
2026.06.11
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Huaxia Financial Leasing has launched a tender process for up to six newcastlemax bulk carriers, signalling a major expansion of its presence in the dry bulk sector.

The Beijing-based leasing company is seeking bids from domestic Chinese shipyards for a series of six 210,000 dwt vessels structured in a 2+2+2 delivery arrangement, according to a public tender notice released this week.

The project carries a price cap of $79.5m per ship, putting the potential value of the programme at up to $477m.

Under the tender requirements, the vessels must comply with the latest environmental regulations, including EEDI Phase III and Tier III emissions standards, and be delivered no later than 2029.

Huaxia is also limiting the bidding process to Chinese shipyards with proven experience in constructing newcastlemax bulk carriers. The scope of work covers vessel design, plan approval, construction, inspection and delivery of all six ships.

The latest tender suggests the company is looking to establish a stronger foothold in the capesize and newcastlemax segment, joining a growing number of Chinese leasing houses that have expanded their shipping exposure through direct vessel ownership and long-term financing structures.

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