Pundits say state-owned Guangdong Yudean will return to the newbuilding market ‘to fulfil its masterplan’.
One of China’s most ambitious state-owned coal players is boosting its fleet to help import its overseas supplies.
Guangdong Yudean aims to control a fleet of 2.11 million gt by the end of 2012, according to local media reports.
It currently has a fleet of just over 1.4