The talks going on between China’s Qingdao Yangfan Shipbuilding Co and commodities giant Trafigura for up to six bulkers highlights the new desire for trading houses to hold physical assets.
Trafigura has already just exercised options for four products tankers at Guangzhou Shipyard International (GSI), also in China.
This would mean an extra 10 vessels coming into the company’s ownership — easily doubling its existing fleet.
And
