Oshima Shipbuilding of Japan has been awarded for a pair of 83,800 dwt bulkers with an option for additional two from U-Ming Marine Transport of Taiwan.
Deliveries are slated for 2014 and newbuildings cost around $33.8m per ship.
The newbuilding bulkers, 229m in length and 36.5m in breadth, will be eco-design vessels with improved fuel efficiency.
It is said that this is the first order for Oshima from U-Ming.