European brokers have reported a big new bulker order in Japan that is believed to have been placed by Indonesian mining magnate Samsudin Andi Arsyad.
A company named Jhonlin Marine Lines (JML) is said to have contracted eight 64,000-dwt ultramaxes at Oshima Shipbuilding for delivery in 2028 and 2029.
The vessels are reported to be costing $41m each, or a total of $328m.