Two Japanese shipyards were awarded orders for a total of four bulkers from Taiwan's Shih Wei Navigation.
The four bulkers worth around $120m in total.
Namura Shipbuildings is to build two handymaxes, which cost $24m and $21m each.
The other yard turns out to be Onomichi Dockyard. Onomichi will deliver two further ships - one capesize ($47.4m) and one panamax ($29m).