Pangaea Logistics orders two more Post-Panamax bulkers in series from Guangzhou Shipyard

US-based Pangaea Logistics Solutions has placed an order for two more bulk carriers in a series with Guangzhou Shipyard International (GSI).

These vessels will comprise the third and fourth units in a series of 95,000DWT high ice class Post-Panamax dry bulk carriers ordered by Pangaea. The first two vessels will be delivered by GSI in April and May of 2021 while the remaining two will be handed over in November that same year.

Each vessel will cost US$37.7 million.

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