Singapore-listed JES International Holdings has won another $1bn newbuilding contract, this time for ultramax bulkers with the help of private-equity funding.
The yard’s latest success comes less than a month after TradeWinds reported that it had secured a massive capesize order, also topping $1bn in value.
Newly established Ample Oceans has contracted JES to build up to 36 ultramaxes for delivery between the last quarter of 2015 and 2017.
