Taiwanese dry bulk operator First Steamship has placed a newbuilding order at Japan’s Sasebo Heavy Industries for the construction of a 83,000 dwt kamsarmax bulk carrier.

The vessel will meet IMO’s tier 3 requirement and delivery is scheduled in the second half of 2021. Price for the vessel is $33.5m.

First Steamship is Taiwan’s first listed shipping company, and the company currently owns a fleet of nine bulkers made up of three kamsarmaxes, four supramaxes and two handymaxes.