Chinese shipbuilder Yangfan Group has won another order of four Handysize bulkers from returning Polish shipowner Polska Zegluga Morska (PZM).

The four 38,500dwt Deltamarin 37-designed vessels are scheduled for delivery in 1H17 and bring the owner's total on order at the yard to 12. The first order of four was placed in November 2013, quickly followed by a second order of four towards the end of December 2013, with deliveries planned for August, September, October and November 2014 and June, August, September and November 2015.

No costs were disclosed for this latest order but the previous two orders were estimated at between $22M and $23M each.