Taizhou Sanfu Ship Engineering of China has recently booked four 51,000-dwt newbuilding bulkers from Chinese owner.
These vessels are scheduled to be delivered from the end of 2013 by early 2014 and operate in Chinese waters.
While Taizhou Sanfu is known to have failed to secure new orders for about a year, amid troubled market, its recent contract seems to be a good news for the yard.