China Merchants Energy Shipping (CMES) released a regulatory filing that its wholly-owned subsidiary Hong Kong Ming Wah Shipping had decided to exercise four options of 64,000 dwt bulker and notified a yard counterpart by letter on December 19.

On September 28, Hong Kong Ming Wah Shipping agreed on options for four same-sized vessels with CSSC Chengxi Shipyard and the latest contract is regarding the options exercised. CMES said it would release another regulatory filing upon signing of a final deal.

Meanwhile, the shipping company revealed “Newbuilding and Purchase Announcement” on September 30 that it contracted a newbuilding deal to build two 64,000 dwt energy-saving and eco-friendly bulkers with China Shipbuilding Trading Company (CSTC) and CSSC Chengxi Shipyard on September 29. Also, on the previous day, it entered into an agreement to build six 61,000 dwt energy-saving and eco-friendly bulkers with Nantong COSCO KHI Ship Engineering (NACKS) and Dalian COSCO KHI Ship Engineering (DACKS).