Norwegian shipowner Kare Misje & Co plans to renew its bulker fleet with a series of hybrid powered newbuildings.
The family-owned company has approached shipyards in Norway, China and the Netherlands for offers on vessels of between 4,500 dwt and 5,000 dwt.
It already owns and operates 14 bulkers in the size range.
Initially, the contract will be for two ships, with a series of options.