China's Nantong Xiangyu has scooped further ultramax bulker orders, brokers say.

HTM Shipping, part of Baoyuan International of Singapore, has put pen to paper on a 64,000-dwt ship for delivery in 2020.

The company already operates 10 bulkers.

The yard has also clinched contracts for two 64,000-dwt vessels from an unnamed Chinese owner, plus two of the same size from a Greek company.