Dry CargoEurope

2020 Bulkers extends charters on two newcastlemaxes

2020 Bulkers has converted and extended the index-linked time charters for two newcastlemaxes, Bulk Shanghai and Bulk Seoul, to fixed rate charters from today until September 30 at a rate of $22,850, gross, including scrubber benefit.

Following the fixed rate charter periods, both time charters have been extended with six months index-linked charters.

The Norwegian pure-play big bulker owner has a total of eight newcastlemaxes in operation.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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