2020 Bulkers cuts feet in half with $209m newcastlemax sale

Norwegian shipowner 2020 Bulkers has agreed to sell three of its scrubber-fitted newcastlemax vessels for a combined $209m. The Oslo-listed company confirmed the sale of the 2019-built Bulk Sandefjord and Bulk Santiago, along with the 2020-built Bulk Shenzhen, to an unnamed third party. All three vessels remain on charter to Singapore’s Koch Shipping until delivery. …