U-Ming scores 10-year charter for its LNG-fueled bulkers

By Adnan Bajic U-Ming Marine Transport Corporation, a Taiwanese bulk carrier company, has been awarded a 10-year LNG dual-fuel dry bulk charter contract by Anglo American.

Illustration courtesy of U-Ming

It is the first such long term time charter in the bulk carrier sector, U-Ming said in its statement.

A fleet of four LNG dual-fuel Tier III 190,000 DWT bulk carriers will feature a length of about 299 meters and a width of 47.50 meters. The vessels will be built by Shanghai Waigaoqiao Shipbuilding (SWS).

The newbuilds will support the 10-year time charter, and they are expected to be delivered throughout 2023.

The newbuilds will

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