A source familiar with the Taiwanese company says it has acquired two of J Lauritzen’s bulkers — the Tsuneishi Cebu-built, 58,000-dwt Tananger Bulker and Tess Bulker (both built 2011) — for $29m each.

Lauritzen is slated to deliver the duo next month.

A First Steamship executive confirms the purchase of the supramaxes, saying his company is in expansion mode. Besides dipping into the market for secondhand vessels, it has also contracted a newbuilding.

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