Akij Resource Enters Newbuilding Market
Bangladesh’s Akij Resource has signed a contract with Nantong Xiangyu Shipbuilding & Offshore Engineering for four 63,800 dwt bulk carriers.
Expanding Fleet Operations
Akij Shipping Line, part of Akij Resource, operates 10 ocean-going bulk carriers and 50 lighter vessels, with its fleet focused on single-deck bulkers ranging from 45,000 dwt to 76,000 dwt.
The company has been expanding its shipping arm around cargo flows for Akij Cement, before expanding into wider dry bulk trades including clinker, limestone, slag, coal, fertiliser, grain, gypsum and aggregates.
Newbuilding Deal Details
- No price or delivery dates have been disclosed.
- The deal adds another international name to Nantong Xiangyu’s growing ultramax orderbook.
- Nantong Xiangyu has had a busy year across dry bulk and multipurpose tonnage.