Bulker owner Franbo Lines is poised to order two handysize bulker newbuildings as part of the company’s efforts to expand and renew its fleet.
A company spokesperson said Franbo has received approval from its board of directors to order two 40,000-dwt bulk carriers to be built in Japan.
“We have contacted some Japanese shipbuilding companies but have not shortlisted the shipyard,” Franbo’s spokesperson said.