Another Chinese yard moves into kamsarmaxes

Handymax and supramax specialist Jiangsu Hantong Ship Heavy Industry has diversified into constructing kamsarmax bulkers. 

The Sino-Korean-owned yard announced it has bagged four 82,000-dwt bulker order plus four options from an unspecified domestic owner with the first ship delivering in May 2012. The price per ship is thought to be in the $33m to $34m region.
The vessels will be built at Hantong’s new facility called Jiangsu New Hantong Ship Heavy Industry, which is also located in Zhenjiang city, Jiangsu province.
Last month, Jiangsu Hantong bagged bulker orders worth over $200m from Delphin Shipping, the private-equity vehicle of New York-based shipowner Sophocles Zoullas. The company booked seven supramaxes for delivery in 2011 and 2013.