Malaysian dryhulk operator Ecoship is understood to have placed an order for two 35,000dwt bulkers with an option for one more at South Korean shipyard Samho Shipbuilding.
Delivery is scheduled for the first half of 2012.  Based on similar reported deals at Samho, Ecoship is expected to pay more than $27m per unit.
Kuala Lumpur-based Ecoship has two vessels in its fleet.  The 2001-built, 28,400dwt Eco Prosperity.
Calls to Ecoship were directed to its parent company, AustBulk in Melbourne, Australia.