Jinhui returns to newbuild market with $99m ultramax trio

Jinhui Shipping and Transportation has booked three new ultramax bulk carriers at a Chinese yard, marking its latest step in a fleet renewal drive. The Oslo-listed owner has committed $99.15m at Jiangmen Nanyang Ship Engineering for 64,500 dwt vessels due for delivery in the first quarter of 2028. The move follows a string of disposals …