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2020 Bulkers executes options for four more bulkers at New Times

Norwegian owner 2020 Bulkers has declared options for a further four newcastlemax bulkers at China’s New Times Shipbuilding.

The vessels are costing 2020 Bulkers around $44.7m each and deliveries are scheduled in February, March, April and May of 2020.

Last month, 2020 Bulkers declared options at New Times Shipbuilding in December for a pair of newcastlemax bulkers and now has eight vessels in total confirmed at the yard.

2020 Bulkers was founded by Tor Olav Troim, once John Fredriksen’s right hand man, in October 2017.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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