Shandong Ocean Shipping bets on capesize segment with two Hengli newbuilds

China’s Shandong Ocean Shipping Group is expanding into the capesize bulker segment with a pair of newbuildings. The maritime logistics arm of Shandong Port Group has returned to Hengli Shipbuilding for the 181,000 dwt vessels as part of a strategic push to strengthen its dry bulk fleet. The new order follows two firm 95,500 dwt …