Korea's H-Line Shipping has inked an order for new LNG-fuelled capesizes at Hyundai Samho.
The 180,000-dwt bulkers will cost $142m and be delivered in 2021, the ministry of oceans and fisheries said.
The ships will used on a route between South Korea and Australia.
H-Line is one of the companies benefiting from funding from state-controlled Korea Ocean Business Corp (KOBC).