Sinotrans&CSC Jinling Shipyard under China's state-owned enterprise Sinotrans&CSC Holdings Co., Ltd. held a steel-cutting ceremony for two 49,500dwt bulk carriers to be built for the compatriot Ningb Marine Company Limited Aug. 26, according to a domestic shipping news report.

Each of the newbuildings will measure 199.99m in length overall, 32.26m in breadth molded, and 16.4m in depth molded.

The two bulkers will be delivered in October 2016 and December 2016.