Turkey's Yasa Shipping has returned to Dalian Cosco KHI Ship Engineering Co (Dacks) for ultramax newbuildings as prices continue to move higher.
The Istanbul-based company has signed up for two 64,000-dwt bulkers worth more than $66m in total, according to shipbuilding market sources. It is not known if the contract includes options for additional ships.
Yasa is believed to have contracted the pair of newbuildings in direct negotiations with the Chinese-based shipyard.
