Citic Financial Leasing (Citic FL) is said to have returned to Dalian Shipbuilding Industry Co (DSIC) for five more bulker newbuildings for the Chinese domestic market.

Shipbuilding sources said the order lifts the total number of ultramax vessels that the Chinese leasing outfit has booked at the state-owned shipyard to 15.

TradeWinds has learned the ships were optional vessels that Citic FL held at the yard after inking deals for 10 newbuildings in April.

Officials at DSIC were not available for comment.