COSCO Zhoushan have announced a contract for two 64,000 dwt Ultramax with deliveries in the fourth quarter of 2016 and the first quarter of 2017 respectively. It is understood that these are the options declared by clients of Hong Kong owner KC Maritime who had signed the contracts for the two firm units in the end of last year for delivery in the fourth quarter of this year. Compared to dry, more activity was seen by Clarkson Hellas in tankers with clients of Navig8 Chemical Tankers contracting four firm plus four option 49,000 dwt IMO-II MRs at STX Offshore & Shipbuilding in Korea. Deliveries of the firm units are from 2016 and the vessels will be built at STX’s Jinhae facilities.