Mining giant Anglo American has snapped up options for four LNG-fuelled capesize bulker newbuildings at state-owned Shanghai Waigaoqiao Shipbuilding (SWS) as yard prices continue to soar.
They are part of an original order for two 190,000-dwt capesizes placed at the Chinese yard last year, which had four options attached that it has now exercised.
But since then, yard prices have spiralled in response to a hike in the cost...
