Dry Bulk orders in China are beginning to proliferate - the cheap prices proving too tempting for many.

Chartworld Shipping has placed another kamsarmax order, signing a contract at Penglai Jinglu in northeast China for four 82,000dwt vessels, due for delivery in 2018 and 2019. The owner also ordered four 82,000dwt kamsarmaxes at Jiangsu New Yangzijiang in March.

At the same time, Torvald Klaveness has extended its existing series at Jiangsu New Yangzijiang, ordering an 83,563dwt kamsarmax, due for delivery in the final quarter of next year.