JMU Scores Capes Again
Japan Marine United (JMU), which recently booked four 180,000-dwt newly designed capesize bulkers for Greek owners, is said to have won two 200,000-dwt bulkers from China Steel Express (CSE) of Taiwan.
CSE announced on March 4 that it signed a newbuilding contract to for a pair of 200,000-dwt bulkers with Mitsubishi Corporation but refused to reveal shipyard involved. Sources predict that JMU would build the vessels.
Sources said newbuildings, valued in around $52.5m apiece, are scheduled to be delivered in the latter half of 2014 and the first half of 2015.
Previously some reported that Mitsubishi Heavy Industries of Japan penned on the project, but it turns out to be not true.
Newly established joint-venture JMU, since its establishment in January of this year, has inked a total of six newbuildings, including three kamsarmax bulkers and six capesizes.
Particularly, it developed 180,000-dwt Dunkerquemax bulker, which won orders for four from Greek owners, Oceanbulk Marine and Carras Hellas.


