Japanese owner Kasuga Kaiun has added more bulker newbuilds to its orderbook in China.
The Imabari-based tonnage provider has contracted two handysize vessels at Jiangmen Nanyang Ship Engineering for delivery in 2026.
The 41,000 dwt units are costing $30m each, according to shipbuilding sources.
Kasuga is listed with 13 owned ships, predominantly bulkers. The company has placed five orders in the dry segment at Chinese shipyards this year. Three ultramaxes have been booked at New Dayang, the shipbuilding arm of state-run machinery manufacturer Sumec Group, with deliveries expected in the second half of 2026 and early 2027.
