ICBC Financial Leasing (ICBC FL) is said to have expanded its orderbook with five kamsarmax bulk carrier newbuildings.

Shipbuilding sources said the Beijing-based leasing company has inked the 82,000-dwt ships at Cosco Shipping Heavy Industry Yangzhou Shipyard (Cosco HI) for delivery between the end of 2023 and the first half of 2024.

Officials at Cosco HI and ICBC FL were not available for comment.