Bulker operator and owner Susesea Holdings is planning more newbuildings and longer-term charters, said managing director Yahya Karahasan.
The Singapore-based company is planning to diversify its shipowning base with orders for two bulkers in the handysize sector.
The company currently operates a modern fleet of supramax and ultramax tonnage.
Owned fleet
It is also growing the fleet it controls, having just fixed its first bulker on period charter.