Ciner extends $900m bulker newbuilding drive backed by Chinese war chest

Expansion efforts boost Vasileios Papakalodoukas-managed firm to become Turkey’s top bulker owner

Ciner Shipping chief executive Vasileios Papakalodoukas (front row, crouching) with the crew of the company’s recently delivered 40,500-dwt Eastbourne (built 2024). — Ciner Shipping chief executive Vasileios Papakalodoukas (front row, crouching) with the crew of the company’s recently delivered 40,500-dwt Eastbourne (built 2024).Photo: Ciner

Harry Papachristou

TradeWinds correspondentAthens

Published 18 April 2024, 09:34Updated 18 April 2024, 09:34

Newbuildings Turkey Ciner Ship Management Hengli Heavy Industry Hengli Group