South Korean bulker company H-Line Shipping has added to its orderbook at New Times Shipbuilding with a pair of newcastlemaxes.

Market sources said the Seoul-based company has contracted the Chinese yard to build two 208,000-dwt ships for delivery in early 2021. H-Line now has five newcastlemaxes booked at New Times.

The other three newbuildings were ordered at the end of last year and are slated for delivery during the fourth quarter of next year.