V.Ships has clinched a new management contract for four ultramaxes owned by Minsheng Financial Leasing (MSFL) in China.
The four 64,000-dwt bulkers are under construction at CSIC's yard in Jiangsu.
V.Ships’ Shanghai office will operate the ships - its first agreement with the Chinese owner.
The first vessel, Ocean Adore, is listed by Clarksons as due for delivery this month.
