Taiwan Navigation is further expanding its kamsarmax fleet, placing orders at Japanese yard Namura Shipbuilding for the construction of two 80,000 dwt bulkers.
Last December, the company ordered two 80,000dwt vessels each at Namura Shipbuilding and Oshima Shipbuilding.
The latest two ships are Tier III compliant and will be fitted with scrubbers. The price for each ship is $33.98m and delivery is scheduled in the first half of 2021.
Taiwan Navigation currently owns a fleet of 20 bulkers, and has an orderbook of eight bulkers in total.