China's Seacon Shipping Group is expanding its fleet with an order for two kamsarmax bulkers and two resale captures.
The company said it had contracted the 82,000-dwt ships at CSSC Huangpu Shipyard for delivery in 2019.
It has also signed a bareboat agreement with a Shanghai finance and leasing company for two 64,000-dwt ultramaxes under construction at a Nantong shipyard.
Seacon claims to be the country's biggest private shipping company, with technical management and shipping and chartering teams in Qingdao, Shanghai and Singapore.
It has 30 owned or bareboat-chartered ships: 26 bulkers and four chemical tankers.
Subsidiary Seacon Ship Management Company manages 86 vessels.
Seacon told TradeWinds it is working closely with financial organisations and is planning "several" further bareboat-chartering fleet deals.
Prior to this, Seacon had bareboat-chartered several 75,000-dwt panamaxes and 57,000-dwt supramaxes from domestic finance and leasing operations.
