Chinese shipping newcomer Huaxia Financial Leasing has returned to Nantong Xiangyu Shipbuilding & Offshore Engineering for more ultramax newbuildings.

The state-owned company has ordered two 63,500-dwt bulk carriers, bringing its order tally at the Chinese yard to six. Its earlier four vessels were ordered in November.

According to Nantong Xiangyu, this latest pair will be classed by Bureau Veritas and meet the International Maritime Organization’s Energy Efficiency Design Index Phase 3 standards for greenhouse gas emissions.