Greece’s Golden Union is said to be on the brink of booking up to four panamaxes at China’s Jiangsu Rongsheng Heavy Industries.
Managing director Theodore Veniamis confirms the company is discussing the order but nothing has yet been signed. 
Shipbuilding sources say Golden has booked two firm and two optional 76,000-dwt vessels for delivery in 2012 and 2013 at a price of around $31.5m to $32m each.
Golden has been a good client of Chinese yards over the past years and Veniamis says it currently has 11 ships on order at three separate shipbuilders, while in 2010 and this year it has taken delivery of nine vessels, all but one from China.
Veniamis confirms that as well as the newly reported orders the company has five kamsarmaxes on order at Cosco Dalian Shipyard, four supramaxes at Cosco Guangdong and a pair of panamaxes at Rongsheng.