The company said it will build the vessels with capacities rangingbetween of 7,500 and 15,000-dwt for a mystery owner.

Work will be carried out in its shipyard in Batam,Indonesia.

An exchange filing released by the company was scant ondetails though it said the deal also came with the potential for the conversionof two bulkers into cement carriers as well as a contract for a tug newbuildingfor an Indonesian customer.

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