Tor Olav Troim-backed newcastlemax specialist 2020 Bulkers has secured a new time charter contract from Koch Shipping for Bulk Sydney.
.The new charter starts on February 19 at $19,000 per day for the first 100 days, after which the ship will earn an index-linked rate that reflects a premium to a standard capesize vessel and a premium related to the fuel cost savings from its scrubber.
The 2020-built vessel has been on contract with Koch Supply and Trading’s Singapore-based chartering arm since delivery. Koch Shipping also agreed to take LNG dual-fuel newcastlemaxes on a 24-month deal from 2020 Bulkers’ sister company, Himalaya Shipping, after delivery from New Times Shipyard in the second and third quarter of 2023.
Earlier this month, the Oslo-listed 2020 Bulkers secured employment with an unnamed European charterer for the 2020-built Bulk Santos and Bulk Sao Paulo.
