Union Maritime, which has been active in ordering tankers, has now turned its attention to bulkers, adding ultramax newbuildings to its growing orderbook.

Shipbuilding sources said Union Maritime has commissioned New Dayang Shipbuilding in China to build two 63,000-dwt vessels. The contract was signed at the end of last month and does not include options.

The UK-based company is believed to be paying around $32m each for the duo, which will be built to the International Maritime Organization’s Energy Efficiency Design Index Phase 3 standards and based on the shipyard’s upgrade of the Crown 63-Plus design.