This is a recorded newbuilding assessment for Ultramax Newbuilding Price, not a secondhand sale price, charter rate, freight rate, or individual shipyard offer.
What history is available?
The available history contains 268 observations from 2021-07-26 to 2026-10-12. These are recorded dates, not proof of the earliest available publication; missing intervals are not interpolated.
Is this a live executable quote?
No. 2026-10-12 is the latest recorded observation date, not a real-time update guarantee. Public-source prices may be delayed, incomplete or inaccurate and are for reference only.
52-Week Range
Low 33.5 · High 36 USD mn/vessel; ending 2026-10-12.
Mediterranean Shipping Co and German defence group Rheinmetall were awarded the auction for Romania's bankrupt Mangalia shipyard at 138 million euros, while COSCO Shipping Bulk contracted a further 16 multipurpose grain carriers at Fujian Shipbuilding in an order estimated near $800m.
Zhonggu Shipping has signed for two 14,000 teu ships at Hudong-Zhonghua, lifting its 2026 container spend to $1.37bn, while EuroDry added a third $37m kamsarmax at Hengli on the argument that five-year-old tonnage now costs more than newbuildings.
Owners committed to a fresh wave of bulker and tanker newbuildings in China this week with disclosed prices between $35.5m and $80m a ship and deliveries stretching into 2030, even as secondhand VLCC values have risen above newbuilding prices for the first time on record.