News

Title
Wah Kwong enters kamsarmax market with Chengxi order
Publish Date
2018-11-19
Source
TradeWinds

Description
Wah Kwong Maritime Transport has broken into new territory within the dry cargo market following an order for a brace of newbuildings at China’s Chengxi Shipyard. The Hong Kong-based shipowner has commissioned Chengxi to build two 82,000-dwt kamsarmax bulk carriers in a contract which does not include any options. David Palmer, chief executive of Wah Kwong, confirms the order, which he says marks the company's first foray into the kamsarmax arena.

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