Taiwanese bulker operator Taiwan Navigation has announced newbuilding orders of two bulk carriers at two Japanese yards as it continues to expand its fleet.
The company will order a 80,000 dwt bulker and a 60,000 dwt bulker at Namura Shipbuilding and Oshima Shipbuilding respectively. Total value of the contracts is $64.1m.
Taiwan Navigation placed orders for two 81,600 dwt bulkers at Oshima and two 80,000 dwt bulkers Namura earlier this year.
The company’s fleet currently stands at 18 bulkers.