Arriva Shipping of Norway is ordering a newbuilding for the first time.

The 8,500-dwt bulker will be built in China and outfitted in Norway. The Olen-based company also has an option to book additional ships at the undisclosed yard.

The firm ship is likely to cost $13m to $15m, depending on specifications.

We take the new emission rules seriously and want to be ahead of the game in our fleet renewal

Managing director Sindre Matre

The newbuilding, which will be a hybrid vessel that can switch between battery and diesel sailing, was developed in close cooperation with Bergen consultancy firm Marine Design & Consulting.

The ship’s large battery packs will allow it to sail in...