Report: 2020 Bulkers Adds Bulker Duo to Newbuilding Tally

Tor Olav Troim-led 2020 Bulkers has exercised an option for two more Newcastlemaxes at China’s New Times Shipbuilding.

The two bulkers are priced USD 44.7 million apiece and are scheduled for delivery in December 2019 and January 2020 respectively, according to the data from Asiasis.

The order is an option available under a contract 2020 Bulkers signed in October this year, which included two firm orders for 208,000 dwt bulkers at the yard for USD 44.2 million each.

Under the deal, the Norwegian shipowner 2020 Bulkers has four options at the Chinese shipyard, which are set to expire at the end of December if not taken up.

Norwegian 2020 Bulkers recently raised a small amount of fresh capital from investors which are likely to be used to finance the construction of the ships.

World Maritime News Staff

Share this article

Follow World Maritime News

In Depth>

Events>

<< Apr 2019 >>
MTWTFSS
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 1 2 3 4 5

GreenTech in Shipping USA Forum 2019

GreenTech in Shipping USA Forum is an event for Maritime leaders who want to unlock successful business formula of the industry!

read more >

CWC World Gas & Power Series – Brazil & the Americas Summit

CWC World Gas & Power Series: Brazil & the Americas Summit is the perfect meeting place to make contacts…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >

Nor-Shipping 2019

Nor-Shipping’s conference and event programme is tailored to deliver the knowledge, value and networking to help you build your business.

read more >