Nantong Yahua Shipbuilding Group has delivered a Roymar class multipurpose tweendecker vessel to TBS International.
The 34,000dwt vessel is the third of six ships ordered by the Irish dry cargo operator from the Chinese shipbuilding firm for $35.4m each.
The vessels, which have box-shaped holds, open hatches and fully retractable hydraulic tweendecks, were equipped with 35t and 40t cranes.
Nantong said the ships can be operated at a speed of 15kt.
The remaining three vessels will be delivered by 2011.