Japan's Tsuneishi Shipbuilding has won an order for two 58,000-dwt bulkers from Norwegian owner Lars T. Ugland.
Newbuildings are to be constructed at China based Tsuneishi Group (Zhoushan) Shipbuilding, with delivery scheduled in the first half of 2014.
LT Ugland has placed all of its orders at Japanese shipyards. Also, it had been delivered three 58,000-dwt bulkers from Tsuneishi Zhoushan shipyards during 2009-2010.