In addition, one Kamsarmax vessel which is being constructed at Jiangsu New Yangzijiang Shipbuilding Co Ltd in China is expected to be delivered to the Company in the second quarter of 2018. Monaco - based shipping company Ocean Line has secured a five - year loan of up to $ 500 m to fund the purchase of a Kamsarmax bulk carrier , set to be delivered from China in May 2018 by Jiangsu New Yangzijiang Shipbuilding . The company is also set to take delivery of another Kamsarmax carrier by the same builder in Q2 , taking the firm 's total carrying capacity to approximately 3.9 million metric tons .
Monaco - based shipping company Ocean Line has secured a five - year loan of up to $ 500 m to fund the purchase of a Kamsarmax bulk carrier , set to be delivered from China in May 2018 by Jiangsu New Yangzijiang Shipbuilding . The company is also set to take delivery of another Kamsarmax carrier by the same builder in Q2 , taking the firm 's total carrying capacity to approximately 3.9 million metric tons .