<p>South Korea’s Pan Ocean has expanded its newbuilding programme by exercising options for two additional newcastlemax bulk carriers at Qingdao Beihai Shipbuilding. The Harim Group-controlled shipowner confirmed in a filing that the additional vessels will cost about KRW228bn in total, or roughly $77m per ship. The latest deal follows an initial order for two 211,000 &#8230;</p> </p><p><p>https://splash247.com/pan-ocean-bulks-up-with-qingdao-beihai-newcastlemaxes/</p></p>