Supramax bulker specialist Chinaland Shipping has moved into the capesize business.

The Chinese company disclosed that it has made its debut in the segment with two Shanghai Waigaoqiao-built ships — the 174,400-dwt China Peace and Lila Cochin (both built 2005).

They joined its fleet this month and have been renamed ChinaFrie Happiness and ChinaFrie Luck, respectively.