Precious returns to Taizhou Sanfu with $142m ultramax quartet

Thailand’s Precious Shipping has returned to China’s Taizhou Sanfu Ship Engineering for another four ultramax newbuilds in a deal worth $141.8m. The Khalid Hashim-led owner has signed contracts for four 64,500 dwt bulkers priced at $35.45m each, with deliveries scheduled for April, July and October 2030 and January…