China's Wuhu Shipyard has inked two ultramax bulker newbuilding orders.

Clarksons said domestic owner Ninbo Runhua is renewing its fleet with a contract for a 64,000-dwt ship.

The company has two operational vessels of 72,000 dwt and 74,000 dwt built in 1999 in Japan.

Wuhu has also clinched another order for a 63,500-dwt ship.

The client was not named.

No price was given for the vessels, but both are due in 2020.