Qatar Investment corporation agreement news seems haven't release yet.
Also, sources said the shipowner secures additional options for four of same size at the yard.
Frontline 2012 is aggressively investing in newbuilding capesize fleet and has placed most of orders at Chinese shipyards, such as SWS, DSIC, and Yangzijiang Shipbuilding. If the owner firms up options and those signed by LOI, then it would have a total of 32 capesize bulkers on order.
Both news are last two days and seems more order will be seeing soon.
New Yangzi Pens Kamsarmax
China's privately-owned shipyard Jiangsu New Yangzi Shipbuilding has won a newbuilding order to build up to five kamsarmax bulkers from Callimanopulos group.
An official from the Greek owner said the company recently placed an order for firm three 82,000-dwt bulkers and additional options for one plus one units.
The firm newbuildings are to be delivered in August and October of 2015 and January 2016 respectively.
Callimanopulos did not disclosed the price, while industry player estimated the ship to value around $26m apiece.
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