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Pan Ocean bulks up with Qingdao Beihai newcastlemaxes
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Updated 2 hours ago
First seen March 16, 2026 23:10:12Stay on top of this story
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Quick Summary
South Korea’s Pan Ocean has expanded its newbuilding programme by exercising options for two additional newcastlemax bulk carriers at Qingdao Beihai Shipbuilding. The Harim Group-controlled shipowner confirmed in a filing that the additional vessels will cost about KRW228bn in total, or roughly $77m per ship. The latest deal follows an initial order for two 211,000 …