Japanese owner Santoku Senpaku has signed shipbuilding orders with CSSC-affiliated Shanghai Waigaoqiao Shipbuilding for the construction of two 186,000 dwt capesize bulk carriers.
The price for each vessel is around $45m and delivery is scheduled in 2019.
Waigaoqiao Shipbuilding has received three orders this year for capesizes, the last a pair from Foremost Group in June.
Santoku Senpaku is a repeat customer at Waigaoqiao Shipbuilding, having taken delivery of three capesizes between 2012 and 2013. The Japanese company currently owns and manages 118 vessels across various sectors.