Seacons Marine Invests US$198.6 Million to Take Over Orders for Six 63,800 DWT Dry Bulk Carriers, to Boost Ocean-Going Capacity via Phased Deliveries in 2027
Seacons Marine, a Qingdao-based shipping enterprise listed on the Hong Kong Stock Exchange, issued an announcement stating that it will acquire six 63,800 DWT dry bulk carriers from Nantong Xiangyu Ship & Ocean Engineering Co., Ltd. at a total cost of USD 198.6 million through the assignment of shipbuilding contracts. The vessels are scheduled to be delivered in batches from January to November 2027,
Seacons Marine Spends USD 198.6 Million to Purchase Six Bulk Carriers
Introduction
Headquartered in Qingdao, Shandong, Seacons Marine issued an announcement on December 28, disclosing its acquisition of six 63,800 DWT dry bulk carriers at a total cost of USD 198.6 million (approximately RMB 1.38 billion).
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Source: Seacons Marine
Vessel Acquisition via Assignment of Shipbuilding Contracts
The purchase is realized through the assignment of shipbuilding contracts. On December 26, 2025, Seacon Shipping, an indirect wholly-owned subsidiary of Seacons Marine, signed a novation agreement with the seller, the seller’s agent and the original buyer.
Pursuant to the agreement, the original buyer assigned all rights and obligations under the shipbuilding contracts to Seacon Shipping free of charge. The seller is Nantong Xiangyu Ship & Ocean Engineering Co., Ltd., a state-owned enterprise. The original buyer is a Marshall Islands-registered joint venture, with Seacons Marine Group and Aurora Ships each holding a 50% equity stake.
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Delivery Schedule & Vessel Specifications
All six vessels are 63,800 DWT dry bulk carriers priced at USD 33.1 million each, scheduled for phased delivery between January 30 and November 30, 2027.
Source: Seacons Marine
About Seacons Marine Group Holdings Limited
Founded in 2012 with headquarters in Qingdao, Shandong, China, Seacons Marine was listed on the Main Board of the Hong Kong Stock Exchange on March 29, 2023, as the first ship management stock listed in Hong Kong.
To date, the Group ranks No.1 in China and No.9 globally by vessel management scale. It is also the 5th largest maritime service provider and the 5th largest dry bulk shipping company in China.
Its fleet consists of owned and bareboat-chartered vessels. The Group currently has 39 vessels under construction, including 18 owned and bareboat-chartered vessels, plus 21 vessels held via joint ventures.
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