China’s Yangzijiang Shipbuilding has secured an order to build two self-unloading bulk freighters for Canada’s Algoma Central. The contracts for the new Equinox Class 29,400 dwt ships were firmed up on Monday after they were made effective with the delivery of refund guarantees by the shipyard. “Our search for a shipyard in China to replace the now-bankrupt Nantong Mingde Heavy Industries led us to Yangzijiang,” said Ken Bloch Soerensen, president and ceo of Algoma. The newbuildings are scheduled for delivery in the first half of 2018.
