International Maritime & Trade Finance Policy Council

Maritime Cargo Chronicles (MCC) reports that Chinese shipowners are firmly dominating the secondhand Capesize and Newcastlemax market in 2025, with Winning Shipping emerging as the most aggressive buyer in the segment. Winning Shipping is closing in on double-digit Capesize acquisitions this year, having completed six Newcastlemax deals within just a few months. The latest purchase involves an 18-year-old heavyweight Newcastlemax, acquired for an undisclosed price, underscori