China’s Penglai Zhongbai Jinglu Ship Industry is selling two ultramax bulker newbuildings that are set for delivery from the second quarter of next year.

Shipbuilding sources said seven to eight shipping companies are vying for the pair of 63,500-dwt bulk carrier newbuildings that the Shandong-based shipyard is selling.

TradeWinds learned that Penglai Jinglu will try to build the bulk carriers “to meet” the Energy Efficiency Design Index (EEDI) Phase 3 compliance for greenhouse gas emissions, as well as the existing International Maritime Organization’s Tier III NOx standard.