Greek owner JME Navigation has returned to China’s New Dayang Shipbuilding for another ultramax, securing one of the yard’s remaining 2030 delivery positions.
Brokers report that the 64,000 dwt Crown 63 vessel is due in early 2030. The contract was reportedly signed some time ago but has not been announced by JME, New Dayang or yard parent Sumec Marine. No price has emerged.
The latest deal lifts JME’s orderbook at the Yangzhou-based builder to three ultramaxes. A ship contracted in June 2024 is scheduled for delivery in July 2027, while another, ordered last November, is due to follow towards the end of 2028.
The new ship takes JME’s latest New Dayang programme to five Crown 63 units. The first two, Princess Eirini and Harilaos Junior, were ordered as a pair in 2023 and delivered last year.
JME’s website lists six vessels in operation, comprising four ultramaxes, one supramax and one handysize. The company also has a longer history with the yard, having taken three bulkers from predecessor Yangzhou Dayang between 2013 and 2015.
The price of the latest order has not been disclosed. For comparison, a public tender awarded to New Dayang this month valued two similar 64,000 dwt ships for Zhejiang Shipping at about $38.5m apiece, with both vessels also due in 2030.
New Dayang has delivered more than 160 ships from its Crown 63 series, with production slots now stretching into 2030.
