John Koo has re-emerged in the shipping scene with an order for up to 10 ultramax bulker newbuildings worth around $240m at a Chinese shipyard. Well-placed shipbuilding sources said the former Orient Steamship boss’ newly formed company Glory Maritime International Holdings has contracted four firm 63,500-dwt newbuildings at Wuhu Shipyard. The deal includes options for […]
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Three Chinese shipyards have signed letters of intent with Glory Maritime. One industry source familiar with Koo’s business said Glory Maritime International Holdings has signed letters of intent (LOIs) with three shipyards in China. “Koo has charterers in mind for these newbuildings,” he said. “A Middle East sovereign fund will be funding Koo’s newbuildings. They […]
John Koo has re-emerged in the shipping scene with an order for up to 10 ultramax bulker newbuildings worth around $240m at a Chinese shipyard. Well-placed shipbuilding sources said the former Orient Steamship boss’ newly formed company Glory Maritime International Holdings has contracted four firm 63,500-dwt newbuildings at Wuhu Shipyard. The deal includes options for […]


