Gestion Maritime Orders Three 64,000 DWT Ultramax Bulk Carriers at Nantong
Monaco-based shipowner Gestion Maritime has recently placed an order with Nantong Xiangyu Shipbuilding & Offshore Engineering Co., Ltd. (Nantong Xiangyu SOE) for three 64,000 DWT Ultramax bulk carriers. These vessels are scheduled for delivery between late 2028 and early 2029.
Nantong Xiangyu SOE: A Leader in Ultramax Bulk Carrier Construction
As of July 3, 2026, Nantong Xiangyu SOE has established itself as one of the world’s leading shipbuilders of Ultramax bulk carriers. The company has successfully built and delivered 100 Ultramax bulk carriers and currently boasts a substantial order book of 168 vessels from 38 shipowners spanning 10 countries and regions. Industry data highlights Nantong Xiangyu SOE’s consistent ranking among the top globally for Ultramax bulk carrier orders.
Expanding Order Book and Diverse Clientele
In 2026 alone, Nantong Xiangyu SOE has secured orders for at least 23 Ultramax bulk carriers, including those from prominent clients like Turkey’s Aqmaris Gemi, Bangladesh’s AKIJ Resource, Greece’s Goldenport Shipmanagement, and Shanghai Times Shipping. The company’s commitment to excellence and innovation in shipbuilding has attracted a diverse range of clients seeking high-quality vessels.
According to the company’s official website, Nantong Xiangyu SOE was founded in December 2016 and operates two shipbuilding and offshore engineering subsidiaries: Nantong Xiangyu Engineering Equipment Co., Ltd. and Qidong Xiangyu Marine Equipment Co., Ltd. With a production layout encompassing “two shipyards and four bases,” the company’s annual shipbuilding capacity exceeds 3 million deadweight tons (DWT). Their product portfolio includes a range of specialized oceangoing vessels, such as eco-friendly bulk carriers, dual-fuel stainless-steel chemical tankers, offshore wind turbine installation vessels, and semi-submersible ships.
As of June 2026, Nantong Xiangyu SOE holds an impressive order book of 132 vessels, securing the top global ranking for chemical tankers under 10,000 deadweight tonnes. With a total contract value exceeding 30 billion yuan and delivery schedules extending through 2030, the company continues to solidify its position as a key player in the maritime industry.
