South Korean shipowner Polaris Shipping has added another five VLOCs to its orderbook at Hyundai Heavy Industries (HHI).
The yard said on Monday that the company had declared options worth $400m that were part of its $800m September contract for 10 bulkers.
HHI added that the group has now won new deals for 110 ships this year, worth $6.7bn, 90% of the $7.5bn
