Yang Ming’s dry bulk arm readies four newbuilds in fleet renewal push

Kuang Ming Shipping, the dry bulk subsidiary of Taiwan’s Yang Ming Marine Transport, is returning to the newbuilding market with plans approved to order four vessels. The newbuilds, sized between 45,000 and 69,999 dwt, will be capable of transporting major bulks such as coal and grain, along with smaller cargoes including bauxite, fertilizer, cement, steel, …