As a result, Bocimar will have 10 bulkers of 36,000 dwt on order at the South Korean-owned yard, which will deliver as many as 18 handysize bulkers to the CMB subsidiary between 2010 and 2015.

The listed Antwerp-based company is so far not commenting on the expansion of the order, which was first placed in December 2011, for six handysizes to be delivered in 2013 and 2014.

The