Atlantic Bulk Carriers back for four more ultramaxes in China

Greek dry bulk owner Atlantic Bulk Carriers Management is pressing ahead with its fleet renewal drive, returning to China for another round of ultramax newbuildings. Brokers in Greece report that the Piraeus-based company has ordered four 63,500 dwt ultramaxes at Nantong Xiangyu Shipbuilding & Offshore Engineering. The vessels are understood to be priced at around …