AVIC International Leasing has signed on the dotted line for 10 new kamsarmaxes in China.
The 85,000-dwt bulkers will be delivered in 2021 from Dalian Shipbuilding Industry Co (DSIC), according to Clarksons.
No price has been given for the ships.
The deal was agreed with charterer SDTR, which TradeWinds linked to a kamsarmax order at the yard earlier this month.
