Japan's Namura Shipbuilding has won an order for four 34,000-dwt fuel-efficient bulkers.
Taiwan's Wisdom Marine revealed that it has ordered the handysize bulkers for $21m apiece on average.
Wisdom Marine is aiming to own a fleet of 100 vessels by 2015. Now it has more than 80 ships in the water and 26 newbuildings on order in Japan.
The first two are slated for delivery in the second half of 2014 and the other pair due in the first half of 2015.