Cosco Shipping Specialized Carriers is set to book two firm and one optional 62,000-dwt multipurpose pulp carriers at sister company Cosco Dalian Shipyard.
The 62,000-dwt trio are scheduled for delivery at three-month intervals from the end of January 2019.
The company says they are costing CNY 222m ($33.6m) each.
Payment for each vessels will be made in four instalments of 5%, 10%, 10% and 75%.
