Bangkok-based company has contracted Taizhou Sanfu Ship Engineering to build four 39,000 dwt and four 64,000 dwt at total cost of $197.67m.
The vessels are due to be delivered between July 2015 and May 2016.
The newbuildings will be Singapore-flagged and will bring Precious Shipping’s fleet to 56 vessels including eight other vessels yet to be delivered.
