Precious Shipping Public Company Limited has entered into four shipbuilding contracts for Ultramax bulk carriers, the company announced in a market disclosure published on 1 October 2026.
Contracts and specifications The company said it had signed four Shipbuilding Contracts for four identical 64,500 DWT bulk carriers described as Ultramax vessels. The contracts name Taizhou Sanfu Ship Engineering Co., Ltd. as the seller.
The announcement was made in a filing in which Precious Shipping notified the SET, and the report was published by reports on 1 October 2026. The published summary states the contracts and the principal technical figure for each vessel but does not supply further commercial detail in the verified notes provided to this desk.
Market disclosure Precious Shipping’s submission to the SET formally records the transaction and the entry into the Shipbuilding Contracts. The company’s notice, as reported on 1 October 2026, sets out the signing of the agreements and indicates that further contractual particulars are set out in the full filing.
The shipbuilder identified in the notice, Taizhou Sanfu Ship Engineering Co., Ltd., appears as the counterparty for all four contracts. The verified summary supplied to this desk confirms the shipbuilder’s role in the agreements but does not include delivery dates, contract prices or vessel names.
The signing expands Precious Shipping’s confirmed orderbook by four newbuild Ultramax bulk carriers of 64,500 DWT each. Beyond the headline specification and the identity of the shipyard, the available notes do not disclose additional technical particulars, finance arrangements or delivery scheduling.
Key facts - Four Shipbuilding Contracts signed for four 64,500 DWT Ultramax bulk carriers. - Seller/shipyard named as Taizhou Sanfu Ship Engineering Co., Ltd. - Company notified the SET; report published by reports on 1 October 2026.
The company’s market notification and the trade report together deliver the core transaction information required for investors and market observers. Any reader seeking contract appendices, commercial terms or delivery timing will need to consult the full filing or the company’s detailed announcement, which are referenced in the original report but were not included in the verified notes provided here.
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