Maritime Bulk Carriers
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U-Ming Marine Contracts Ultramax Quartet at New Dayang Shipyard

Taiwanese dry bulk owner U-Ming Marine Transport has expanded its newbuilding pipeline with an order for four 64,000 dwt bulkers at New Dayang.

· Published 14 Oct 2026, 06:00 UTCAI-assisted, editor-reviewed

Global newbuilding demand demonstrated sustained momentum over the past week, with contracting activity continuing at a robust pace across key commercial shipping segments. Market reporting indicates broad-based ordering interest that encompasses bulk carriers, tankers, gas carriers, and pure car and truck carriers.

In the dry bulk sector, the latest fleet replenishment efforts were led by Taiwanese operator U-Ming Marine Transport. According to weekly market intelligence from shipbroker Banchero Costa, the company has agreed a deal for the construction of four 64,000 dwt bulk carriers.

The series of geared mid-sized vessels has been contracted at China's New Dayang shipyard. The order adds fresh volume to the shipyard's orderbook while providing U-Ming with modern tonnage tailored for flexible dry bulk trading routes.

Banchero Costa noted that current contracting trends reflect an active appetite from owners across diverse market disciplines, keeping shipyard capacity well utilized through multi-sector demand.

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